Futures Rise as Oil Plunge Eases Yields; Yen Intervention Eyed

Stock futures are rising, with tech and small caps outperforming, as a plunge in oil prices helps ease bond yields from high levels, while market attention is focused on potential intervention in the Japanese Yen.

3 Aug, 12:02 — 3 Aug, 12:02

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zerohedgeLow14d ago

Futures Rise As Oil Plunge Helps Yields Ease From Nosebleed Highs; All Eyes On Yentervention

Futures Rise As Oil Plunge Helps Yields Ease From Nosebleed Highs; All Eyes On Yentervention Futures are higher with both tech and small caps outperforming as Trump points to a deal/advanded discussions with Iran (which Iran is naturally denying), which is helping push energy prices and bond yields lower as the USD depreciates. As of 8:00am ET, S&P futures are up 0.5% while Nasdaq futures rise 0.4% led by Mag 7 stocks higher with Semis lagging. Energy is lower with the remaining...

By Tyler Durden

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Futures Rise as Oil Plunge Eases Yields; Yen Intervention Eyed

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Futures Rise As Oil Plunge Helps Yields Ease From Nosebleed Highs; All Eyes On Yentervention

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