Stocks Rebound as Bond Yields Retreat: Live Updates

1 min read
Source: CNBC
Stocks Rebound as Bond Yields Retreat: Live Updates
Photo: CNBC
TL;DR Summary

U.S. stock futures edged lower as Wall Street struggled to maintain positive momentum, with investors looking ahead to key jobs data. Clorox shares slid 4% in premarket trading after the company provided lower-than-expected guidance for its fiscal first quarter. Hong Kong's private sector contracted for the third consecutive month in September, partly due to Typhoon Saola. Student loan borrowers are expected to cut spending now that loan payments have resumed, particularly in categories such as clothing, restaurants, and travel. Oil prices suffered their worst daily performance in over a year, with West Texas Intermediate crude falling 5.61%.

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