Stock market today: US futures inch up as Treasury yields ease, but weekly losses loom
Published On Oct 25, 2024, 7:24 AM
US stock futures are showing slight gains as Treasury yields decrease, which is providing some relief to investors after a challenging week marked by declining stock performances. The S&P 500, Dow Jones, and Nasdaq futures all posted modest increases. However, the markets are still expected to conclude the week with losses. Notably, Tesla's stock experienced a decline of about 2% despite having one of its strongest trading days in a decade following positive sales and earnings reports. Meanwhile, Capri Holdings' stock fell 45% due to regulatory challenges regarding a planned merger with Tapestry. Investors are also keeping an eye on upcoming economic reports and major earnings releases from leading tech companies.