Nasdaq, S&P 500, and Dow futures point to declines amid higher Treasury yields and mixed corporate news.
US stock futures indicate a weaker open, with Nasdaq futures down 46 points, S&P 500 futures down 23 points, and Dow futures down 20 points. The move follows rising Treasury yields, with the 2-year yield up 1.7 basis points to 3.909% and the 10-year yield up 1.4 basis points to 4.380%.
Oil prices climbed $1.20 to $96.69, adding to market pressures. Corporate developments were mixed, with Moderna (MRNA) surging 7.82% on hantavirus vaccine progress and Intel (INTC) rising 4.8% after reports of a chip supply deal with Apple.
Micron (MU) gained 6.25% in premarket trading, extending a rally driven by AI demand and memory chip shortages. Nebius (NBIS) also edged higher ahead of its Q1 2026 earnings, bolstered by a $2 billion Nvidia partnership and a $643 million acquisition of Eigen AI.