U.S. Stock futures were in volatile mode in the pre-market trading paving the way for an interest day at the Wall Street on Tuesday. S&P futures were down by 0.17 per cent, Dow Futures fell 0.03 per cent, and Nasdaq 0.30 per cent. On Monday, S&P 500 rose 122.83 points, or 1.7 per cent, to 7,554.29. Dow Jones Industrial Average rose 468.77 points, or 0.9 per cent, to 51,671.03. Nasdaq composite rose 795.10 points, or 3.1 per cent, to 26,683.94. Russell 2000 index of smaller companies rose 21.10 points, or 0.7 per cent to 2,965.09.
In the bond market, Treasury yields eased on hopes that lower oil prices will remove pressure on central banks to raise interest rates. The yield on the 10-year Treasury slipped to 4.47 per cent from 4.48 per cent late Friday. The yield on 10-year Treasury notes fell to 4.4197 per cent, the lowest since May 12, and was last down 1.4 basis points at 4.471 per cent. Yields move inversely to prices.
