Wall Street Futures Rise Amid Treasury Yield Pressure
Wall Street futures traded slightly higher on Monday as investors closely monitored rising Treasury yields and awaited new inflation data in the United States.
The move follows a negative week for U.S. stock markets, primarily pressured by long-term interest rate increases.
The S&P 500 future stood at 7,696.50 points, up 0.07%, while the Dow Jones future was up 0.02% to 53,364 points.
Meanwhile, Bitcoin remained stable near US$ 77,000, a level it has been close to after its recent strong recovery.
The Federal Reserve will be in focus at the Jackson Hole symposium, where Chair Kevin Warsh is expected to speak on Friday.