Investors and traders watched stock futures edge down slightly on Friday morning, while Treasury yields also fell on a day when limited economic data was scheduled.
From the beginning market participants will have seen that S&P 500 futures (SPX) were -0.1%Nasdaq 100 futures (US100: EN) were -0.1%and Dow futures (INDU) traded almost even.
Looking towards the Treasury market and yields, we have noticed a slight shift lower. The shorter US 2-year Treasury yield (US2Y) decreased 4 basis points to 4.70%. At the same time, the long-term 10-year US Treasury yield (US10Y) fell 3 basis points to 4.23%.
See here how other yields trade along the entire yield curve.
In the economic calendar, market participants will receive S&P Global Composite PMI data after the start of trading. Additionally, existing home sales data is also scheduled to be released during business hours.
