Posted 10/20/2023, 11:28:19 AM
US Stocks Set to Open Lower as Treasury Yields Retreat from Recent Spike
- US futures fall ahead of the opening bell on Friday, retreating from Thursday's sell-off
- Benchmark 10-year Treasury yield dips below 5% after briefly hitting that level Thursday
- Investors still seeking relief in earnings, with reports due from American Express, Comerica, Huntington Bancshares
- Risk of Israel-Hamas conflict widening into broader Middle East flare-up weighs on markets
- Stock futures point to lower open as 10-year yield eases back from spike to 5%