Stock futures are little changed as Dow heads for fourth straight losing week: Live updates

U.S. equity futures are little changed Thursday evening as Treasury yields continued their climb.

Futures tied to the Dow Jones Industrial Average fell 34 points, or 0.06%. S&P 500 futures were down 0.05%, and Nasdaq-100 futures were also down 0.05%.

In Thursday’s regular trading, the Dow slipped about 162 points, or 0.3%, while the S&P 500 and Nasdaq Composite both finished flat.

The drama continued in the bond market, where the 10-year Treasury yield climbed to 5.225% late Thursday, the highest level since 2007, while the 30-year yield reached 5.502%.

This week’s ascent in yields was fueled by hawkish comments from Federal Reserve Governor Michael Barr, persistently high energy prices due to the Iran war, and a hot purchasing managers’ report.

The 30-year fixed rate mortgage, which tracks the 10-year note, rose to 7.45%, the highest level since 2024, as borrowing costs for consumers looked poised to increase ahead of the midterm elections.

“Even before the moves of the past few days, the declines in credit card [annual percentage rates] and auto loan rates that occurred from mid- 2024 through the start of 2026 had stalled, and mortgage rates reaccelerated,” Heather Berger, economist at Morgan Stanley, wrote in a note to clients.

“We expect these pressures to weigh on spending, largely through goods, which is contributing to the 40 [basis point] deceleration in real consumption growth we expect next year,” she added.

The Dow is heading for a fourth consecutive losing week, down 0.6% in the period. The S&P 500 is on track for a 0.7% advance, while the Nasdaq is up 1.6% week to date.

Going into Friday, traders will be eyeing the University of Michigan consumer sentiment report and durable goods data.