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2 hours ago | CNBC
Stock futures are flat as investors gauge a spike in bond yields
U.S. stock futures were steady in overnight trading Monday following a rise in bond yields that pressured growth pockets in the market.Dow Jones Industrial Average futures fell just 4 points. S&P 500 futures were flat, and Nasdaq 100 futures fell 0.1%.The 10-year Treasury yield rose on economic optimism and inflation fears, briefly topping 1.5% on Monday, its highest level since June.Equities saw an uneven session amid the spike in rates. The Dow Jones Industrial Average on Monday gained 71 points, and the small-cap Russell 2000 rallied 1.5%. However, the S&P 500 fell 0.3%. The Nasdaq Composite was the relative underperformer, dipping 0.5%, as the drop in bond prices pressured growth names like Microsoft and Amazon.