DailyEdge

Yields on the US government’s longest-dated bonds climbed to their highest level in more than two decades, marking another milestone in an extended bond selloff driven by inflation and fiscal concerns.

The yield on 30-year Treasuries rose as much as four basis points on Thursday to 5.44%, its highest level since 2004, after Brent crude oil prices jumped. The move follows a broader surge this week that pushed Treasury yields across maturities to around their highest levels since 2007.

“People are running out of superlatives for the yield on the 30-year bond,” said Ed Al-Hussainy, a portfolio manager at Columbia Threadneedle. “Investors are saying, ‘Look, if we’re going to lock up our money for 30 years, we need much higher compensation.’”

US stock futures were little changed on Wednesday morning as investors monitored US diplomatic developments with China and Iran, alongside the recent rally in tech stocks.

Futures on the Dow Jones Industrial Average (YM=F), S&P 500 (ES=F), and Nasdaq-100 (NQ=F) hovered near the flat line after the Nasdaq Composite posted back-to-back record highs.

President Trump is expected to greet Chinese President Xi Jinping at Joint Base Andrews, beginning Xi's first visit to Washington, D.C., in 11 years. While major policy breakthroughs are not expected, discussions are set to cover trade, Iran, rare earths, and artificial intelligence.

US stock futures steadied on Tuesday after confidence in artificial intelligence and falling oil prices spurred a rally on Wall Street.

Futures on the Nasdaq-100 (NQ=F) edged higher after the tech-heavy Nasdaq Composite touched a record high the day before. S&P 500 futures (ES=F) were little changed, while Dow Jones Industrial Average futures (YM=F) moved higher.

Stocks kicked off the week with strong gains as US and Chinese officials wrapped up talks ahead of a meeting between President Trump and Chinese leader Xi Jinping. Treasury Secretary Scott Bessent called the preliminary talks "very successful," lifting hopes of cooperation on artificial intelligence.

Shares of U.S.-listed companies exposed to Greenland surged on Monday after the U.S. and Denmark reached a deal on security arrangements for the Arctic territory.

Shares of Greenland Energy soared more than 154% during premarket trading, with Greenland Mines up more than 70% and Critical Metals Corp nearly 27% higher.

The agreement, which is expected to be signed during the United Nations General Assembly this week, will see the U.S., Denmark, and Greenland enter into a pact to develop a significant military presence in the territory while blocking Washington’s adversaries from building their own bases there.

US stock futures rose on Friday morning as investors continued to adjust to the Federal Reserve's first rate hike in three years and concerns about artificial intelligence's capabilities.

Futures on the Dow Jones Industrial Average (YM=F) rose 0.1%, the S&P 500 (ES=F) edged up 0.2%, and the Nasdaq-100 (NQ=F) climbed 0.4%.

Stocks rebounded on Thursday, driven by gains in tech stocks and supported by falling oil prices and bond yields. Markets appeared to look past the Fed's widely expected 25-basis-point rate hike this week. US stock futures continued to climb after the Bank of Japan raised interest rates to their highest level in 31 years.

Aethlon Medical, Inc. (Nasdaq: AEMD) announced a definitive all-stock merger agreement with North Immunology, Inc., a privately held biotechnology company developing bispecific antibodies for immune and inflammatory diseases.

The combined company plans to advance NOR-101, a potentially best-in-class, half-life-extended IL-13 x IL-18 bispecific antibody being developed for atopic dermatitis and other immune-mediated diseases.