Stock Index Futures Move Higher as Bond Yields Plunge
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Barchart
Barchart
December S&P 500 futures (ESZ23)are up +0.28%, and December Nasdaq 100 E-Mini futures (NQZ23) are up +0.06% this morning as U.S. Treasury yields continued to fall after this week’s soft U.S. inflation and jobs data spurred expectations among investors that interest rates have peaked. In Thursday’s trading session, Wall Street’s major indexes closed mixed. Cisco Systems Inc (CSCO) slid over -9% after the networking giant cut its full-year revenue guidance. Also, Walmart Inc (WMT) plunged more than -8% after the retail giant struck a cautious tone regarding the outlook for U.S. shoppers. On the …