Market Snapshot: U.S. stock futures retreat as Fed hawks push up bond yields

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U.S. stock futures retreated early Thursday as rising bond yields rattled investors.

How are stock-index futures trading

On Wednesday, the Dow Jones Industrial Average DJIA fell 130 points, or 0.38%, to 34289, the S&P 500 SPX declined 9 points, or 0.2%, to 4447, and the Nasdaq Composite COMP dropped 25 points, or 0.18%, to 13792.

What’s driving markets

The…