Bond Yields, Oil Drop on Covid-19 Lockdown Concerns – The Wall Street Journal

U.S. stock futures mostly fell and investors piled into the safety of the dollar and government bonds after fresh Covid restrictions in Europe clouded prospects for the global economic recovery. 

Markets returned to a familiar pandemic-era pattern, with technology stocks gaining and banks and industrials declining. Futures tied to the S&P 500 edged down 0.2%, after the index closed at an all-time high Thursday. Dow Jones Industrial Average futures declined 0.6%, while futures for the tech-heavy Nasdaq-100 climbed 0.4%. 

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