Dow futures fell to a three-month low as a surge in bond yields weighed on market sentiment, although stronger-than-expected support from Micron’s earnings helped limit the decline.
The move in futures reflected pressure on the Dow ahead of the market opening, with rising yields emerging as the main drag. Micron’s results provided a counterpoint for investors and offered support to the wider market.
The contrasting forces left investors balancing concerns over higher yields against the boost from the chipmaker’s earnings.
