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Premarket: Dow futures hit three-month low as yields surge, Micron earnings offer support
Source: The Globe and Mail
Interest Rates & YieldsInflationFiscal Policy & BudgetSovereign Debt & RatingsCorporate EarningsTechnology & Innovation
Dow futures fell to a more than three-month low as inflation concerns and rising government debt pushed Treasury yields to multi-decade highs. Micron's blowout results supported chip stocks, partially offsetting broader risk-off pressure from elevated yields and fiscal-debt concerns.
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- Dow futures hit three-month low as yields surge, Micron earnings offer support