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Dow futures up 200 points as Treasury yields retreat


U.S. stock-market futures rose Sunday night as Treasury yields continued to pull back from highs last week.

Dow Jones Industrial Average futures
YM00,
+0.80%

were up more than 200 points, or 0.7%, while S&P 500 futures
ES00,
+0.97%

and Nasdaq-100 futures
NQ00,
+1.24%

gained nearly 1%. Meanwhile, the 10-year Treasury note yield
TMUBMUSD10Y,
1.411%

dipped to 1.386%. Bond prices move inversely to yields.

The 10-year note yield rattled stock-market investors Thursday when it shot above 1.50%, then slipped to 1.459% on Friday.

Read: As rising Treasury yields spook stock investors, March looms like a lion

Also: Current bond-market selloff worse than ‘taper tantrum’ in one key way, argues analyst

For the week, the Dow
DJIA,
-1.50%

lost 1.8%, the S&P 500
SPX,
-0.48%

fell 2.5%, and the Nasdaq Composite
COMP,
+0.56%

slid 4.9%. That marked the Nasdaq’s biggest slide since the week ended Oct. 30, according to FactSet data. February was still a winning month for equites though, with the Dow up 3.2%, the S&P 500 rising 2.6%, and the Nasdaq inching up 0.9%.



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