Futures contracts tied to the major U.S. stocks were volatile in early morning trading on Friday after a pop in interest rates a day earlier helped push the Nasdaq Composite to its worst session since October, CNBC reports.
Dow Jones Industrial Average futures were nearly flat after having earlier dropped more than 200 points in after-hours trading. S&P 500 futures and Nasdaq 100 futures both inched higher. Contracts tied to all three indexes appeared to rise and fall in tandem with the movements of the 10-year Treasury note yield.
The moves in equity futures came after a negative regular trading session on Thursday.