US futures more tepid ahead of North American trading

Equities not showing much poise on the day

SPX

Dow futures are a touch higher while S&P 500 futures and Nasdaq futures are slightly lower as we look towards the session ahead.

In Europe, major indices are down around 0.3% to 0.6% so that's a slight dampener on equities sentiment though it comes on the back of solid gains in the past few days - the same can be said for US equities as well.

If anything, this looks more like a pause for breath and some profit taking ahead of Jackson Hole considering the elevated levels. It isn't anything that points towards a major shift in the risk tone from earlier in the week.

Elsewhere, 10-year Treasury yields are little changed at 1.344%. That continues to be a spot to watch in case yields charge higher, which could see some rotational plays as has been the case in the past among the Nasdaq and Dow.

investingLive Premium
Telegram Community
Gain Access