Stocks headed for losses in the first session of May following one of the worst monthly performances for the S&P 500 since the depths of the pandemic in 2020.
Contracts on the S&P 500 turned lower, erasing overnight gains. Dow and Nasdaq futures also dipped into the red ahead of the opening bell. U.S. crude oil prices fell to hover above $101 per barrel, and the benchmark 10-year Treasury yield held above 2.9%, or near its highest level since December 2018.
Investors this week are bracing for…
Source link
