U.S. stock index futures turned lower Wednesday morning after a key part of the U.S. yield curve inverted even further, exacerbating fears of an impending recession.
At around 06:00 a.m. ET, Dow futures rose 2 points, indicating a negative open of more than 19 points. Futures on the S&P and Nasdaq were both slightly lower.
The closely watched spread between the 10-year Treasury yield and the 2-year rate fell to negative 6 basis points Wednesday morning. The move extended losses from the previous session when the spread registered its lowest level since 2007.
Source : CNBC