Dow Jones futures will open Sunday night, together with S&P 500 futures and Nasdaq futures. The inventory market rally got here below strain final week, as Treasury yields soared to their highest stage because the coronavirus pandemic started.
The brand new yr began off with a stable rally on Monday, led by Tesla (TSLA), Superior Micro Units (AMD), Nvidia (NVDA) and Apple (AAPL). However the remainder of the week was an expectation breaker, with the most important indexes promoting off and leaders akin to Tesla inventory reversing arduous.
Surging Treasury yields had been the driving power, as a surprisingly