S&P Futures Slip as Bond Yields Climb After Oil Tops $100

Wall Street experienced a decline for the third consecutive session as S&P Futures slipped. This downward trend is driven by rising bond yields and a surge in oil prices, which have climbed to exceed $100 per barrel. The simultaneous increase in both energy costs and yields has put pressure on equity markets, leading to a consistent dip in stock performance across the board as investors react to the shifting economic indicators and higher borrowing costs.