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Barchart
Barchart
Oleksandr Pylypenko

Nasdaq Futures Plunge as Rising Bond Yields Deepen Chip Selloff, Trump-Xi Summit in Focus

December Nasdaq 100 E-Mini futures (NQZ26) are down -1.04% this morning as rising Treasury yields sparked a fresh wave of selling in chipmakers.

The price of WTI crude rose over +1% on Thursday as fears of renewed escalation between the U.S. and Iran intensified. A military adviser to Iran’s supreme leader warned that Tehran could extend the Middle East war to the Indian Ocean if the U.S. or Israel attacks again, AFP reported, citing Iran’s Fars news agency.

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