The daily reports for important events that affects the forex, stocks and commodities markets.

09/10/2024 Evening Reports

Mixed U.S. Equity Futures as Rising Yields and Alphabet Antitrust Concerns Weigh on Markets

U.S. equity futures were mixed on Wednesday as investors reacted to rising Treasury yields and the potential for an antitrust crackdown on Google-owner Alphabet Inc. S&P 500 futures slipped 0.1%, while Nasdaq 100 futures fell 0.2%. Alphabet shares dropped 1% premarket after reports that the U.S. Justice Department may push for a breakup of Google’s search engine. Treasury yields held above 4%, and investor focus turned to the upcoming Fed meeting minutes and U.S. inflation data. Meanwhile, Brent crude prices fell below $77 per barrel amidst geopolitical concerns.

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