Sotck Futures Rise As S&P 500 and Dow Try to Bounce back From Lowest Levels Since 2020

2 years ago
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Full article: https://www.cnbc.com/2022/09/26/stock-futures-are-little-changed-after-sp-500-closes-at-lowest-level-since-2020.html

Stock futures rose Tuesday, as the Dow Jones Industrial Average and S&P 500 tried to bounce back from their lowest closing levels in nearly two years.

S&P 500 futures gained 0.8%, and Nasdaq 100 futures rose 1%. Those tied to the Dow Jones Industrial Average advanced 157 points, or 0.5%.

The British pound rebounded slightly after plunging to a record low against the dollar earlier in the week. Sterling traded more than 1% higher at $1.087 per dollar after hitting an all-time low of $1.0382.

Treasury yields also came off their highs, boosting sentiment. The benchmark 10-year yield dipped nearly 5 basis points to 3.823%.

#economicnews #sp500 #dowjones

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