U.S. Stock Futures Rise as Oil and Treasury Yields Pull Back
Markets awaited key data on inflation expectations after recent increases in oil prices and Treasury yields added pressure to stocks.
U.S. stock futures rose Sept. 25 as oil prices and Treasury yields pulled back from recent increases, offering some relief to markets awaiting key data on inflation expectations.
The 10-year U.S. Treasury yield edged lower after climbing sharply Wednesday and Thursday. Higher borrowing costs had added pressure to stocks during the week.
Oil prices also fell overnight while the United States and Iran were discussing a phased agreement that could lead to the reopening of the Strait of Hormuz and a possible U.S. lifting of its blockade on Iranian ports.
The moves eased two factors that had weighed on financial markets. Stocks remained resilient, and financial conditions had not shown meaningful tightening.
Investors continued to watch energy prices and borrowing costs as they assessed the outlook for inflation. The next focus was key data on inflation expectations, which could shape how markets interpret the recent moves in oil and Treasury yields.
