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home / news releases / STZ - Dow Futures Swoon as Treasury Yields Forge Higher


STZ - Dow Futures Swoon as Treasury Yields Forge Higher

U.S. stock futures dipped Thursday, as a massive rally to start the month eased, with rates ticking higher once again.

Futures the Dow Jones Industrials shrank 134 points, or 0.4%, to 30,176.

Futures for the S&P 500 dropped 17.75 points, or 0.5%, to 3,776.75.

Futures for the NASDAQ Composite dipped 45.75 points, or 0.4%, to 11,578.

Data from ADP showed that the labour market remained strong among private companies in September, when businesses added 208,000 jobs. That beat the 200,000 job estimate from Dow Jones.

Today's economic lineup spotlights weekly jobless claims, and then, on Friday, the September jobs report from the Bureau of Labor Statistics will be released, giving the central bank and investors another piece of data.

Some companies are reporting earnings, as well. On Thursday, Constellation Brands will announce its results before the opening bell, and Levi Strauss will report after the market closes.

In Japan, the Nikkei 225 gained 0.7%, while in Hong Kong, the Hang Seng Index slid 0.4%.

Oil prices fell 42 cents to $87.34 U.S. a barrel.

Gold prices took on $1.50 to $1,722.30 U.S. an ounce.

Stock Information

Company Name: Constellation Brands Inc.
Stock Symbol: STZ
Market: NYSE
Website: cbrands.com

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