Market futures slip as tensions rise and investors await jobs data
U.S. stock futures fell Monday after a lower Friday close, as geopolitical and trade tensions weighed on investor sentiment. Crude oil futures rose 3.45% to about $86.34 a barrel, while the 10-year Treasury yield stood at 4.71%.
Investors are also weighing Federal Reserve Chair Kevin Warsh’s warning that inflation remains too high. Markets assigned a 61.9% probability to a September rate hike, while Friday’s August employment report and several major technology earnings are expected to shape trading this week.
Read the full story at benzinga.com.
