S&P 500 Futures Dip as Firm Yields Temper Tech Optimism

Macro
โดย Simply Wall St·Read original
Summary · why it matters

US stock futures are pointing slightly lower this morning, with E mini S&P 500 contracts down about 0.3% and Nasdaq 100 futures off roughly 0.6%, as investors weigh firm US bond yields against mixed global growth signals. The US 10-year Treasury yield is holding around 4.46% after May job openings reached a two-year high, signaling strong hiring demand and potentially keeping borrowing costs elevated. Among top movers, Bending Spoons surged 39.66% following its US$1.68 billion IPO, Reddit jumped 13.93% after being added to a major index-focused stock list, and AppLovin gained 9.58% on positive analyst coverage. On the losing side, Nebius Group fell 17.01% on reports of Meta planning a competing AI cloud offering, CoreWeave declined 13.92% amid analyst concerns about rising competition, and Corning dropped 13.62%. Global manufacturing PMIs and bond market moves are setting the tone for equity sentiment with a light US economic calendar.

Impact on stocks 6

Artificial Intelligence± Mixed · 3 stocks
Applovin Corp
APP
▲ PositiveCapitalrelevance

Positive analyst coverage drove AppLovin shares up 9.58%.

Nebius Group N.V.
NBIS
▼ NegativeCompetitionrelevance

Reports of Meta planning a competing AI cloud offering caused Nebius Group to fall 17.01%.

Communication Services · 1 stocks
Reddit, Inc.
RDDT
▲ PositiveCapitalrelevance

Reddit jumped 13.93% after being added to a major index-focused stock list.

Spatial Computing / AR/VR · 1 stocks
Information Technology · 1 stocks

Off-coverage companies 1

Bending SpoonsPrivate▲ Positive
Capitalrelevance

Bending Spoons surged 39.66% following its US$1.68 billion IPO, a capital event.