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Wall Street Futures Mixed, Oil Jumps, As Recovery Boom Tests Tech Bulls


Dow Futures Slide, Oil Prices Jump As US Recovery Boom Tests Tech Bulls
TheStreet
1 hr ago
The Tuesday Market Minute
Global stocks mixed as Asia holidays thin regional trading, and Europe looks for direction amid a quickening of its vaccine rollout and plans to ease travel restrictions in the coming months.
U.S. markets, meanwhile, are keying off the economic recovery, which the Atlanta Fed s GDPNow forecasting tool suggests could surge 13.2% this quarter.
Oil prices jump as fuel demand quickens amid state re-openings, with New York, New Jersey and Connecticut unveiling plans for later this month.
Benchmark 10-year note yields bump higher, at 1.62%, but remain well south of the 15-month high of 1.77% recorded in mid April. ....

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