U.S. stock futures fell Thursday after the S&P 500 pulled back from a record high, while Treasury yields rose to their highest levels in decades.
Posts tagged as “global markets”
U.S. stock futures were flat Thursday after Treasury yields surged to their highest levels in nearly two decades, prompting a broader market sell‑off and heightened expectations of another Fed rate hike.
The Federal Reserve’s first rate increase since July 2023 is pushing the dollar higher, tightening Asian currencies and lifting bond yields worldwide.
The Canadian dollar slipped to a 12-day low, pressured by falling oil prices and rising uncertainty around the U.S. Federal Reserve’s next interest rate move.…