Global marketsUpdated November 4

US stock futures rebound as dollar and Treasury yields fall

S&P 500 and Nasdaq 100 futures had both fallen earlier, then rose 0.2% and 0.3%, respectively, as buyers stepped in. The reversal came alongside a weaker dollar and a three-basis-point drop in 10-year Treasury yields, to 4.93%. Beyond the US, Europe’s Stoxx 600 rose 0.6%, while an Asian equities gauge barely moved. Investors were betting the Democratic sweep would put the brakes on President Donald Trump’s agenda, but there was no single direction across markets.

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Coverage started November 4