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Futures dip as bond yields, Apple again weighs
U.S. Treasury yields surged to more than three-year highs on expectations that central banks globally will reduce stimulus as the economic outlook improves. The rising yields and a 2.1 percent slide in Apple's (AAPL.O) shares on Monday pushed the bluechip Dow Jones Industrial Average (.DJI) and the benchmark S&P 500 (.SPX) to their biggest one-day percentage declines in about five months. Apple was down another 1.1 percent in premarket trading on Tuesday, still feeling the effects of news that the company will halve production of its $999 iPhone X smartphone.
https://finance.yahoo.com/news/futures-dip-bond-yields-apple-123628583.html?.tsrc=rss
U.S. Treasury yields surged to more than three-year highs on expectations that central banks globally will reduce stimulus as the economic outlook improves. The rising yields and a 2.1 percent slide in Apple's (AAPL.O) shares on Monday pushed the bluechip Dow Jones Industrial Average (.DJI) and the benchmark S&P 500 (.SPX) to their biggest one-day percentage declines in about five months. Apple was down another 1.1 percent in premarket trading on Tuesday, still feeling the effects of news that the company will halve production of its $999 iPhone X smartphone.
https://finance.yahoo.com/news/futures-dip-bond-yields-apple-123628583.html?.tsrc=rss
