Traders at work at the New York Stock Exchange on August 25, 2026.
new york stock exchange
Stock futures fell on Wednesday as bond yields continued to rise as traders worried about the impact of rising oil prices on inflation.
Dow Jones Industrial Average Futures It fell 66 points (0.1%). S&P500 futures decreased by 0.2%, Nasdaq 100 futures It fell by 0.6%.
On this day, the benchmark 10-year U.S. Treasury yield stood at 4.814%, the highest level since November 2023. Yields in the UK, Germany and France also rose. In Japan, 10-year government bond yields hovered near the highest level in decades.
“Rising yields are proving to be detrimental to equity markets,” said Thierry Wisman, global foreign exchange and rates strategist at Macquarie Group. “These force analysts to discount earnings growth more aggressively, thereby forcing (price-to-earnings) multiples to decline.”
Yields are rising due to concerns about rising inflation due to rising oil prices. west texas intermediate Oil prices rose above $90 a barrel on Wednesday, the highest since late July, as the United States stepped up military strikes against Iran, raising concerns that the conflict could flare up again.
Traders are awaiting Wednesday’s ADP private payroll data for August. It will also monitor factory earnings data and the Federal Reserve’s Beige Book.
Investors also hewlett packard enterprise, snowflake and broadcom Closes after the bell Wednesday.
Pan-Europe across the Atlantic Stocks 600 It fell 0.49% as the continent’s main stock exchanges fell. british FTSE100 and the french CAC40 Both fell by almost 0.6%, with Italy FTSE MIB 0.5% slide. german dachshund It decreased by 0.7%.
In Asia, Japan’s Nikkei Stock Average ended 2.85% lower, while South Korea’s Nikkei Stock Average ended 2.85% lower. Kospi It fell 4%. australian benchmark S&P/ASX 200 It fell by 0.97%. Mainland China’s CSI300 ended down 1.38%.
