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U.S. stock futures rise as falling oil prices and Treasury yields ease market pressure

BlockBeats news,September 25, U.S. stock index futures rose as oil prices and U.S. Treasury yields retreated from their recent sharp increases, while the market awaited key data on inflation expectations.

Subadra Rajappa, head of U.S. research at Société Générale, said: “Equities remain relatively resilient, and we are not really seeing any meaningful tightening in financial conditions at this point.” The two major factors weighing on stocks this week eased somewhat early Friday. U.S. 10-year Treasury yields edged lower after surging on Wednesday and Thursday. Meanwhile, oil prices fell overnight as the United States and Iran discussed a phased agreement that could lead to the reopening of the Strait of Hormuz and Washington lifting its blockade of Iranian ports.

Tom Essaye, founder of Sevens Report, said in a report to clients that Friday’s decline in oil prices and retreat in Treasury yields “provided relief for investors.”

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