Dow Futures Rise 78 Points as Treasury Yields Retreat From 4.818% Peak
Updated
Updated · CNBC · Sep 1
Dow Futures Rise 78 Points as Treasury Yields Retreat From 4.818% Peak
3 articles · Updated · CNBC · Sep 1
Summary
Dow futures rose 78 points early Thursday, while S&P 500 futures were flat and Nasdaq 100 futures slipped 0.05% after Wall Street ended a three-day losing streak.
Wednesday's rebound came as Treasury yields pulled back from session highs—the 2-year hit 4.41% and the 10-year briefly touched 4.818%—even after renewed U.S.-Iran fighting had driven stocks lower.
The Dow gained nearly 300 points, or about 0.6%, on Wednesday, while the S&P 500 and Nasdaq each added 0.5%; WTI crude still climbed 0.9% to just above $91 a barrel.
John Williams said higher yields reflect a strong U.S. economy and AI-led investment rather than tighter financial conditions, as traders now look to weekly jobless claims and Friday's August payrolls report.