Dow futures higher as bond yields stabilize and growth concerns fade

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Dow futures higher as bond yields stabilize and growth concerns fade
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U.S. stock index futures were higher Thursday morning following a wild ride for Wall that saw the S&P 500 log its biggest intraday comeback of the year.

Tumbling yields can signal global growth concerns from investors and fuel sharp pullbacks in equity markets. An escalation in trade tensions between China and the United States has accentuated these fears in recent days.

At around 02:30 a.m. ET, Dow futures rose 121 points, indicating a positive open of more than 106 points. Futures on the S&P and Nasdaq were also higher. Tumbling yields can signal global growth concerns from investors and fuel sharp pullbacks in equity markets. An escalation in trade tensions between China and the United States has accentuated these fears in recent days.made fresh attacks on the Federal Reserve Wednesday, saying on Twitter: "Our problem is a Federal Reserve that is too proud to admit their mistake of acting too fast and tightening too much." "Incompetence is a terrible thing to watch," he added.

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