Finance

Stock futures decline, after major averages dip amid rising bond yields

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U.S. stock index futures slid during overnight trading on Wednesday, accelerating losses from the regular trading session which saw the major averages finish in the red across the board.

Futures contracts tied to the Dow Jones Industrial Average dipped 41 points. S&P 500 futures and Nasdaq 100 futures declined 0.28% and 0.48%, respectively.

Stocks posted heavy losses during regular trading as rising bond yields spooked investors. The S&P 500 dipped 1.3%, while the Dow Jones Industrial Average closed 119 points, or 0.38%, lower. The Nasdaq Composite was the relative underperformer, falling 2.7% as tech names declined. The index is on track to post its third straight negative week — the…



Source cnbc.com

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