Thursday, February 22, 2024
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As Treasury Rates Decline, Stock Futures Move Up a Little

Tuesday saw a small increase in U.S. stock futures as Wall Street evaluated the potential effects and hazards of a lengthy battle stemming from the Israel-Hamas conflict. This increase was aided by a decline in Treasury yields.

The Dow Jones Industrial Average futures increased by 63 points, or 0.2%. The futures for the S&P 500 and Nasdaq 100 both increased by about 0.2%.

Following the release of better-than-anticipated third-quarter financial results, PepsiCo shares increased by roughly 1.5% in the premarket. A higher earnings outlook was also provided by the corporation.

Source (CNBC)

SourceCNBC
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