S&P 500 Futures Flat After Index Ends Three-Day Decline
U.S. stock futures were nearly unchanged on Wednesday night after the S&P 500 ended a three-day losing streak, driven by falling Treasury yields following an announcement from the U.S. Treasury Department to increase repurchases of long-term debt. The move aimed at easing pressure in bond markets where yields had reached multi-year highs earlier this week. Despite the temporary relief for investors, some analysts remain skeptical about sustained stability in interest rates due to ongoing concerns over rising budget deficits and increased defense spending. Market participants are now looking ahead to weekly jobless claims data as a key indicator of economic health before Thursday’s session begins.
Tickers: $WFC