Futures Fall Slightly As Yield Rates Raise Concerns



Stock futures fell early Monday as traders eyed U.S. Treasury yields and global oil prices ahead of the Federal Reserve’s latest meeting minutes release due later in the week.

Futures for the Dow Jones Industrials dipped 33 points, or 0.1%, Monday to 51,444.

Futures for the S&P 500 faded 45 points, or 0.1%, to 7,782.75.

Futures for the NASDAQ Composite removed 37.5 points, or 0.1%. to 31,024.

On Monday, investors will also be watching the Institute for Supply Management’s services activity report.

Stocks are coming off a week defined by surging Treasury yields and a surprisingly lackluster jobs report that helped ease concerns about another Fed rate hike this month. The data provided some relief after a week of pressure from rising bond yields.

In Japan, the Nikkei 225 hiked 2.4%, while in Hong Kong, the Hang Seng gained 0.3%.

Oil prices hesitated 99 cents to $90.12 U.S. a barrel.

Gold prices hiked $27.00 to $4,189.30 U.S an ounce.