US stock futures and Treasury yields tumble amid interest rate concerns
Dow Jones & Nasdaq futures declined 0.9 %
By Ishika Dangayach
Published - Apr 25, 2022, 12:31 PM ET
Last Updated - Feb 24, 2024, 05:02 AM EST
10-year Treasury note plummeted to 2.816 %
US stock futures and Treasury yields tumbled early Monday as investors kept a close eye on the Federal Reserve’s plans to raise interest rates.
Dow Jones Industrial Average futures dropped 0.9 %. The S&P 500 futures ticked down 1% and the Nasdaq futures declined 0.9 %.
During the regular trading on Friday, All the three major Wall Street indices traded in red as the Dow fell 981.36 points, or 2.8%, to 33,811.40. The S&P 500 was plunged 2.8% to 4,271.78, for its worst day since March, while the Nasdaq Composite declined by 2.6% to 12,839.29.
