Global marketsUpdated November 4

U.S. futures rebound as dollar weakens and Treasury yields fall

U.S. stock futures had fallen earlier, then buyers stepped in: S&P 500 futures rose 0.2% and Nasdaq 100 futures gained 0.3%, Bloomberg reported. The dollar weakened against major peers, while the 10-year Treasury yield fell three basis points to 4.93%. Bloomberg tied the broader reaction to bets that the Democratic sweep would put the brakes on President Donald Trump’s agenda. Europe’s Stoxx 600 rose 0.6%, while a gauge of Asian equities was little changed.

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Coverage started November 4