Dow Jones Today | US Stock Market LIVE Updates: Stock futures slip as oil rebounds; Treasury yields move higher

Dow Jones Today | US Stock Market LIVE Updates: US stock futures declined on Friday morning (March 20) as oil prices resumed their upward move after a brief pullback, reversing earlier signals of a positive start to trading. Futures linked to the Dow Jones Industrial Average fell 130 points, or 0.3%. S&P 500 futures dropped 0.4%, while Nasdaq 100 futures slipped 0.5%. Earlier in the session, all three major index futures had indicated a higher opening.

Bond markets saw yields move higher across maturities. The two-year Treasury yield rose six basis points to 3.86%. Gold prices held steady but remained on course for their steepest weekly decline since the pandemic period. Brent crude prices showed volatility during the session.

Market sentiment shifted following a report from Axios that the United States is weighing a high-risk plan to take control of Iran’s Kharg Island, a key oil export hub, as part of efforts to pressure Tehran to reopen the Strait of Hormuz.

In Europe, the Stoxx 600 pared gains to 1% after trading higher earlier. UK government bond yields also surged, with the 10-year gilt yield rising as much as 10 basis points to 4.94%, marking its highest level since the financial crisis. Short-term yields increased further. Money markets are now fully pricing in three interest rate hikes each from the Bank of England and the European Central Bank in 2026.

Watch this space for all the LIVE US stock market updates.