Stock futures are flat as investors grapple with higher yields, await Fed minutes: Live updates

Business News and FinanceVIEW IN APPMarketsBusinessInvestingTechPoliticsSelectMake ItLIVE UPDATES

Stock futures were little changed Sunday evening as investors remained frustrated by elevated Treasury yields and awaited minutes from the Federal Reserve's latest meeting for clues about the central bank's next interest rate move.

Futures tied to the Dow Jones Industrial Average added 53 points, or 0.1%, and S&P 500 futures rose 0.1%. Nasdaq-100 futures were up 0.2%

On Friday, stocks rose to close out the week, with the blue-chip Dow adding 250 points, or 0.5%, to close at 51,176.46, while the broad market S&P 500 climbed 0.7% to 7,722.72. The tech-heavy Nasdaq Composite rallied 1.2% to 27,190.86, after hitting an all-time high earlier in the session.

Stocks are coming off a week defined by surging Treasury yields and a surprisingly lackluster jobs report that helped ease concerns about another Fed rate hike this month. The data provided some relief after a week of pressure from rising bond yields.

In Asia, Japan's Nikkei 225 was poised to rise, with the Chicago futures contract at 69,830. compared with the index's previous close of 68,309.46. Hong Kong Hang Seng index futures were last at 23,831, compared with the index's last close of 23,972.29. Markets in mainland China and South Korea were closed for holidays.

Still, Treasury yields remain a key focus for investors, with the 10-year yield climbing to its highest level in more than two decades and raising concerns that higher borrowing costs could weigh on stocks even if the Fed holds rates steady in the near term.

Tech stocks led Friday's advance, with Nvidia hitting an all-time high intraday and the Nasdaq reaching a record. Investors will be watching whether that momentum carries into the new week.

With a light economic calendar ahead, investors will be watching geopolitical and market developments before earnings season gets underway.

"The light data calendar means that the investors will be responding to the ebb and flow of geopolitical and market specific developments matched against the latest batch of reasonably supportive economic reports, all ahead of the unofficial start of the reporting season with JP Morgan's results on October 13," said Gary Schlossberg, global strategist for Wells Fargo Investment Institute.

On Monday, investors will be watching the Institute for Supply Management's services activity report. Also on the calendar are minutes from the Fed's September meeting on Wednesday and the University of Michigan's preliminary October consumer sentiment reading, due Friday.

Still on deck this week for the current earnings season are Constellation Brands, Levi Strauss, PepsiCo, Delta Air Lines and others.

New Updates7 Mins AgoJapan's Nikkei 225 set to open open higher; China and South Korea markets closed for a holidayAsia-Pacific markets were set to open broadly higher on Monday, as a recovery in oil flows from the Middle East boosts sentiment, though elevated Treasury yields keep investors on edge.

as concerns over surging Treasury yields slightly eased as investors look forward to minutes later this week from the U.S. Federal Reserve's latest meeting regarding the central bank's next interest rate move.

Japan's Nikkei 225 was poised to rise, with the Chicago futures contract at 69,830 and its Osaka counterpart last trading at 69,760, compared with the index's previous close of 68,309.46.

Futures for Australia's S&P/ASX 200 last traded at 8,746, while the index closed at 8,711.50.

Hong Kong Hang Seng index futures were last at 23,831, compared with the index's last close of 23,972.29.

Markets in mainland China and South Korea are closed for holidays.

Over in the Middle East, tensions continue to simmer between the U.S. and Iran. Mohammad Bagher Ghalibaf, Iranian parliament speaker, said the Strait of Hormuz would not reopen until its conditions for ending the war with the U.S. were met.

Meanwhile, the U.S. Air Force withdrew all of its B-1 bombers stationed at a UK air base in southern England that has been used by American military forces to strike Iran, following an investigation that discovered a planned terror attack, according to the Associated Press.

Stock futures were little changed to begin trading Sunday evening.

Futures tied to the Dow Jones Industrial Average added 53 points, or 0.1%. S&P 500 futures and Nasdaq-100 futures also rose 0.1% each.