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Stock Futures Slide as Oil Tops $100, Treasury Yields Climb

Zacks Investment Research·
Stock Futures Slide as Oil Tops $100, Treasury Yields Climb

U.S. stock futures declined after three consecutive days of losses as crude oil prices surged above $100/barrel (WTI) and $101/barrel (Brent) due to U.S.-Iran tensions. Treasury yields rose significantly, with the 10-Year note at 4.912% and 30-Year at 5.344%. Mixed earnings results were reported across retail and industrial sectors, while initial jobless claims remained stable at 206,000 and producer price inflation showed modest increases.

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