US Stock Futures Fall, Weighed By IT Stocks

US Stock Futures Fall, Weighed By IT Stocks

04 May 2021 06:19 PM
 

US stock futures fell, weighed down by IT stocks.

Dow Jones Industrial Average futures fell 0.2%, S&P futures declined 0.4%, and Nasdaq futures slumped 0.8%.

The 10-year Treasury yield rose to 1.621%, compared to 1.606% previously.

Going ahead, US factory orders are due to be released and are expected to show a rebound in orders. Earnings reports from CVS Health, KKR, Pfizer, T-Mobile US and Lyft will also be eyed by investors.

Brent crude futures rose 1.1% to $68.32 per barrel, while US WTI crude futures rose 1.1% to $65.18 a barrel.