Finance

Stock futures are flat after S&P 500 snaps a 2-week winning streak

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A Trader on the floor of the New York Stock Exchange.

Source: The New York Stock Exchange

Stock futures held steady in overnight trading on Sunday after the S&P 500 posted its first losing week in three.

Futures on the Dow Jones Industrial Average rose 20 points. S&P 500 futures gained 0.2% and Nasdaq 100 futures were 0.2% higher.

The move in futures came after the S&P 500 and the Nasdaq Composite snapped a two-week winning streak with a loss of 0.7% and 1.6%, respectively, last week. The blue-chip Dow eked out a 0.1% gain in the same period, supported by Caterpillar and JPMorgan.

Some equity investors grew concerned about rapidly rising bond yields in recent weeks as they could especially…



Source cnbc.com

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