Global marketsUpdated November 4

US futures rebound as the dollar weakens and 10-year yields fall

U.S. stock futures had fallen earlier, but buyers stepped in: S&P 500 futures rose 0.2% and Nasdaq 100 futures gained 0.3%. The dollar weakened against major peers, while Treasuries gained and the 10-year yield fell three basis points to 4.93%. Investors were betting the Democratic sweep would put the brakes on President Donald Trump’s agenda. That response wasn’t universal: Europe’s Stoxx 600 climbed 0.6%, while an Asian-equity gauge was little changed.

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Coverage started November 4