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Dow futures drop 240 points as bond yields, oil rise

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  1. 1U.S. stock futures fell Tuesday as rising oil prices and a global bond selloff pushed yields higher.
  2. 2Dow futures slid 240 points (0.5%), S&P 500 futures lost 0.5%, and Nasdaq 100 futures were down about 1%.
  3. 3Concerns over inflation and Fed policy response grew, with WTI crude jumping more than 2% to $87.81 a barrel.

This 3-line summary is compiled from the report below.

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