Futures movers: Dow futures rise 200 factors as authorities bond yields fall

US stock market futures rose Sunday evening as government bond yields continued to retreat from their highs last week.

Dow Jones Industrial Average Futures
+ 0.73%
rose more than 200 points, or 0.7%, while S&P 500 futures
+ 0.83%
and Nasdaq 100 futures
+ 1.09%
gained almost 1%. Meanwhile, the 10-year Treasury note is yield
decreased to 1.386%. Bond prices move inversely to yields.

The 10-year note yield rocked stock market investors on Thursday as it surged above 1.50% and slipped to 1.459% on Friday.

Read: When rising government bond yields frightened stock investors, March threatens like a lion

Likewise: The current bond sell-off is worse than the tantrum in one way, the analyst argues

For the week of the Dow
lost 1.8%, the S&P 500
fell 2.5% and the Nasdaq Composite
+ 0.56%
slipped 4.9%. This was the largest drop in the Nasdaq since the week ended October 30, according to FactSet data. February was still a profit month for stocks, however, with the Dow up 3.2%, the S&P 500 up 2.6% and the Nasdaq up 0.9%.

Related Articles