S&P 500 (^GSPC) Futures Inch Higher As Bond Yields And Weak Manufacturing Cloud Market Outlook
US equity futures are trading slightly higher Monday morning, with E-mini S&P 500 contracts up roughly 0.1% and Nasdaq-100 futures gaining around 0.6%. The overall backdrop remains complicated, as global bond yields continue climbing and put pressure on borrowing costs for households and businesses alike. The US 10-year yield moved approximately 6.8 basis points higher,…