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Benzinga
Benzinga
Business
Shanthi Rexaline

Nasdaq, S&P 500 Futures Slip As Mixed Earnings Report, Economic Worries Keep Sentiment Subdued — Tesla, Nokia Plunge Premarket

Nasdaq NYSE US Federal Reserve Recession United States

The major U.S. index futures are pointing to a mixed open on Thursday, as traders pause following a two-session rally early in the week. Mixed earnings could temper the market mood even as recession fears intensify

Stocks snapped a two-session rally on Wednesday as rising bond yields stirred anxiety among traders. The yield on the 10-year Treasury note rose to 4.136%, marking the highest level since July 2008, underlining the recession fears among investors.

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