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US stock futures fall amid rising oil and Treasury yields
Futures for US stocks declined after a day in which the S&P 500 reached a new record high, amid rising oil prices and Treasury yields. The Dow Jones Industrial Average fell by 403 points, while the S&P 500 and Nasdaq 100 declined by 0.5% and 0.8%, respectively. Oil prices rose near $90 per barrel for US crude, with Brent contracts around $101. Meanwhile, yields on 10- and 30-year Treasury bonds increased to their highest levels in years. This comes ahead of a $39 billion 10-year Treasury auction, with investors awaiting the Federal Reserve's meeting minutes, which will highlight monetary policy directions.
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