US Stock Market Today: Thursday US equity futures point to lower levels as higher crude oil prices, Treasury yields and inflation worries dampen investors mood. According to the latest market overview, the Dow Jones Index is trading at 51,100.60, down 79.27 or 0.15%, the S&P 500 Index has lost 14.25 points or 0.18%, to 7,787.28, while the Nasdaq Index is down 68.34 or 0.25%, to 27,470.35.
The pre-market trading was even softer. Futures for the Dow Jones index were lower by around 0.9% while the S&P 500 and Nasdaq-100 index futures fell 0.5% and 0.7%, respectively.
What is causing this? It is the confluence of high oil prices and bond yields, but investors are watching out for earnings reports that will show strong corporate performance in the United States.
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US Stock Market Today Live: Market Snapshot
| Index | Latest Level | Change | Change % |
| Dow Jones Industrial Average | 51,100.60 | -79.27 | -0.15% |
| S&P 500 | 7,787.28 | -14.25 | -0.18% |
| Nasdaq Composite | 27,470.35 | -68.34 | -0.25% |
| Nasdaq 100 | 30,976.60 | -183.48 | -0.59% |
| Russell 2000 | 2,777.08 | -16.12 | -0.58% |
| Dow Transportation | 19,618.40 | +89.10 | +0.46% |
| Dow Utility | 1,050.41 | +0.77 | +0.07% |
| Dow Composite | 15,991.50 | +14.70 | +0.09% |
| S&P 100 | 3,888.16 | -13.90 | -0.36% |
| S&P 500 VIX | 15.47 | +0.39 | +2.59% |
US Stock Market Today: Key Market Indicators
| Market Indicator | Latest | Change | Change % |
| Crude Oil (WTI) | $92.25 | +$3.97 | +4.50% |
| Brent Crude | $104.78 | +$4.58 | +4.57% |
| Gold | $4,126.06 | +$15.08 | +0.37% |
| US Dollar Index (DXY) | 102.26 | +0.02 | +0.02% |
| US 10-Year Treasury Yield | 5.280% | -0.01 | -0.21% |
| Japanese Yen | 158.149 | +0.07 | +0.04% |
| Euro | 1.119 | -0.00 | -0.03% |
Stock Market Today: Global Market
| Global Index | Latest | Change | Change % |
| FTSE 100 | 10,482.42 | +23.92 | +0.23% |
| CAC 40 | 7,748.40 | -20.81 | -0.27% |
| DAX | 24,976.00 | -128.36 | -0.51% |
| Nikkei 225 | 69,042.11 | -993.60 | -1.42% |
| Straits Times | 5,412.96 | -195.48 | -3.49% |
| Hang Seng | 23,785.79 | -344.71 | -1.43% |
| KOSPI | 6,625.93 | -177.97 | -2.62% |
US Stock Futures Today: Dow, S&P 500 and Nasdaq Under Pressure
The decline in futures comes as the market retreats from record highs reached the previous session. Traders are hesitant to buy stocks as the price of oil is rising and interest rates are staying high.
The Dow is holding up relatively well compared to the tech-heavy indices, but the overall market still remains exposed to the possibility of an increase in inflation expectations. This is especially true for the Nasdaq index due to its sensitivity to rising yields.
US Stock Market Today: Oil Prices Rise as Middle East Risks Intensify
Oil is the source of nervousness on Thursday’s market and there are fears about transporting through the Strait of Hormuz following attacks on ships in the area, raising the possibility of a supply interruption.
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