Heurist Finance

Benchmark Treasury yields hit 5% as oil retreat eases inflation worries

Reuters · 4 hours ago
  • Nasdaq 100 futures led Wall Street higher, with Dow futures up 0.16%, S&P 500 futures up 0.28%, and Nasdaq futures up 0.56%.
  • A drop in oil prices tempered inflation concerns, supporting the tech-heavy index's weekly gain.
  • Benchmark Treasury yields reached 5% as oil took a pause, leaving Wall Street mixed.

Quotes

“Futures tracking the ​Nasdaq 100 led Wall Street higher on Friday, putting the tech-heavy index on course ‌for weekly gains as a drop in oil prices tempered inflation concerns.”— Reuters

Sources