​Futures Rebound From Worst Weekly Rout Of 2024; Yields, Dollar Rise – Tyler Durden

Futures Rebound From Worst Weekly Rout Of 2024; Yields, Dollar Rise Futures are higher in a modest relief rally following the worst weekly loss of the year, triggered by cooling US jobs data that left economists and traders at odds as to how aggressively the Federal Reserve will cut interest rates.  As of 8:00am ET S&P futures are 0.7% higher  while Nasdaq futurs gained 0.8% after the underlying index ended last week with its steepest decline since November: both Mag7 and Semis higher in the premarket along with new index additions. Bond reversed some of their recent gains, with the 10-year Treasury…  — Continue at ZeroHedge News : Read More