A look at the day ahead in U.S. and global markets from Mike Dolan
U.S. stocks look to have weathered the early September squall for now but interest rate speculation and ebbing bond yields now take center stage as evidence mounts of slowing U.S. labor market.
Futures markets now see almost a 50-50 chance of a 50 basis point Federal Reserve rate cut this month and two-year Treasury yields plumbed 3.75% on Thursday for the first time in 16 months.
