Inicio Información Dow futures up 200 points as Treasury yields retreat

Dow futures up 200 points as Treasury yields retreat


U.S. stock-market futures rose Sunday night as Treasury yields continued to pull back from highs last week.

Dow Jones Industrial Average futures YM00, 0.91% were up more than 200 points, or 0.7%, while S&P 500 futures ES00, 0.99% and Nasdaq-100 futures NQ00, 1.25% gained nearly 1%.

Meanwhile, the 10-year Treasury note yield TMUBMUSD10Y, 1.449% dipped to 1.386% early in Sunday trading, then slowly regained ground, last at 1.412%. Bond prices move inversely to yields.

The 10-year note yield rattled stock-market investors Thursday when it shot above 1.50%, then slipped to 1.459% on Friday.

Investors were likely also heartened after the House approved a  $1.9 trillion coronavirus relief package early Saturday and Johnson & Johnson JNJ, -2.64% won federal approval for its coronavirus vaccine -the third approved in the U.S.- and started shipping doses Sunday night.

Last week of February, the Dow DJIA, -1.50% lost 1.8%, the S&P 500 SPX, -0.48% fell 2.5%, and the Nasdaq Composite COMP, +0.56% slid 4.9%.

That marked the Nasdaq’s biggest slide since the week ended October 30, 2020, according to FactSet data. February was still a winning month for equites though, with the Dow up 3.2%, the S&P 500 rising 2.6%, and the Nasdaq inching up 0.9%.