Global Futures Fall and Oil Prices Surge Amid Rising Yields and Iran Tensions

Stock futures declined as global bond yields reached multi-year highs, while crude oil prices jumped due to escalating geopolitical tensions involving Iran.

1 Sept, 12:35 — 1 Sept, 12:35

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zerohedgeLow3h ago

Futures Tumble As Global Yields Hit Multi-Year HIgh, Oil Jumps On Iran Escalation

Futures Tumble As Global Yields Hit Multi-Year HIgh, Oil Jumps On Iran Escalation Stock futures are set to start the new month on the backfoot - having weathered a variety of challenges to post a gain for August - with tech lagging as a global selloff pushes yields to the highest level since 2008. As of 8:00am ET, S&P futures are down 0.6%, while Nasdaq futures slide 1.2% following a reports of a strike by Micron’s labor unions in Taiwan, sending the stock 2% lower in pre-market...

By Tyler Durden

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Global Futures Fall and Oil Prices Surge Amid Rising Yields and Iran Tensions

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Futures Tumble As Global Yields Hit Multi-Year HIgh, Oil Jumps On Iran Escalation

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