Dow Jones Today: Narrow Rally Faces Bond Selloff And $100 Oil

The post Dow Jones Today: Narrow Rally Faces Bond Selloff And $100 Oil appeared first on Coinpedia Fintech News

Dow Jones futures fell 0.7% on Wednesday morning, while S&P 500 futures lost 0.3% and Nasdaq-100 futures dropped 0.6%. Both indexes had closed at record highs the day before. Selling in global bonds pushed the 30-year Treasury yield up to 5.70%, its highest level since 2002, as investors waited for the minutes of the Fed’s …