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US futures sharply drop as rising rates put investors on edge


Thursday, 4 October 2018 16:37 WIB

Indeks saham berjangka A.S.Indeks berjangka Standard & Poor’s 500


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U.S. stock index futures fell deep into the red ahead of Thursday's open.

Around 5:00 a.m. ET, Dow futures fell 139 points, indicating a lower open of -106.39 points. Futures on the S&P 500 were indicating a lower open of -15.66 points, while Nasdaq futures signaled a downbeat open of -54.18 points.

U.S. futures are following the negative sentiment seen in markets overseas, as investors around the world become jittery over rising rates.

In the previous session, the yield on the 10-year Treasury note hit its highest level since July 2011, while the yield on the 30-year Treasury bond reached the highest it's been since October 2014.

CNBC


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