Stocks Seen Mixed Amid Weak Jobs Data and Rising Rates; Earnings and Economic Data in Focus
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Asia-Pacific markets mostly lower except China, European markets mixed, US futures point to mixed open amid weak ADP jobs report.
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Treasury yields in focus, 10-year approaching 5% could add pressure to stocks.
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US services, inflation data due today ahead of Friday's jobs report. Other hurdles earnings, student debt, govt funding fight.
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Sectors Utilities bounce after drop, discretionary falls most. Major indexes down, Dow and Russell 2000 now negative YTD.
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Earnings today AngioDynamics, Helen of Troy, RPM, Tilray. Pre-market movers ASML, Intel, Accenture up; Nucor, Domino's, ON Semi down.