Tech selloff weighs down Wall Street as bond yields climb
US stock futures are little changed as a tech selloff weighed down Wall Street, hurt by higher oil prices and rising bond yields. The S&P 500 posted its third straight losing day. Global bond yields surged, with the 30-year US yield sparking a tech sell-off. Asian stocks are set for losses as bond jitters linger.
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- โ US stock futures are little changed after Wall Street starts the week with losses.
- โ The S&P 500 posted its third straight losing day.
- โ Global bond yields surged, with the 30-year US yield sparking a tech sell-off.
- โ Asian stocks are set for losses as bond jitters linger.
What changed
The global bond sell-off deepened, with US bond yields climbing and sparking a tech sell-off on Wall Street.
Live updates
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Tech selloff weighs down Wall Street as bond yields climb
US stock futures are little changed as a tech selloff weighed down Wall Street, hurt by higher oil prices and rising bond yields. The S&P 500 posted its third straight losing day. Global bond yields surged, with the 30-year US yield sparking a tech sell-off. Asian stocks are set for losses as bond jitters linger.
Why it matters
The recent surge in bond yields and oil prices has sparked concerns over inflation, weighing down on stocks, particularly in the tech sector. The ongoing tensions in the Middle East, including the situation in Iran, have also contributed to the uncertainty in the markets. The tech selloff has led to a decline in stock prices, with the S&P 500 experiencing a third consecutive day of losses.
What is confirmed
- US stock futures are little changed after Wall Street starts the week with losses.
- The S&P 500 posted its third straight losing day.
- Global bond yields surged, with the 30-year US yield sparking a tech sell-off.
- Asian stocks are set for losses as bond jitters linger.
What to watch next
- US inflation data release
- Iran peace prospects
- Federal Reserve interest rate decision
confidence 90%Sources used for this update (14)
- CNBC โ Stock futures are little changed after Wall Street starts the week with losses, hurt by higher oil prices and rising yields: Live updates
- Bloomberg.com โ Stocks Fall, Oil Gains on Middle East Uncertainty: Markets Wrap
- Financial Times โ Global bond sell-off deepens amid fears over inflation and AI issuance
- Yahoo Finance โ Global bond sell-off pressures stocks: AlphaCheck
- cnbc.com โ Stock futures are little changed after S&P 500 posts third straight losing day: Live updates
- Moomoo โ Overnight US Stocks | Global Bond Yields Surge; S&P 500 Falls for Third Consecutive Day; SanDisk (SNDK.US) Drops 9%
- Reuters โ Tech selloff weighs down Wall Street as bond yields climb
- Bloomberg.com โ Asian Stocks Set for Losses as Bond Jitters Linger: Markets Wrap
- Investing.com โ U.S. stock futures steady after Wall St hit by higher yields, oil
- WSJ โ Bond Rout Sends Tech Stocks Lower
- 102.7 WBOW โ US stock futures fall as fading Iran peace prospects drive up oil, yields
- vinanet.vn โ US Stocks Dip Amid Iran Tensions, Chip Sector Under Pressure - Cash Flow Report
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