© Reuters.
Investing.com – U.S. stock futures were trading lower during Sunday’s evening trade, amid an early flight to safety following a Hamas attack on Israel over the weekend.
By 6:40pm ET (10:40pm GMT) shed 0.5%, lost 0.6% apiece and lost 0.7%
The Israeli-Palestinian conflict escalated to full-blown war on Saturday, as Hamas fighters launched invasions across Israeli towns, resulting in hundreds of casualties on both sides.
During Friday’s trade, the added 288 points or 0.9% to 33,407.6, the lifted 50.3 points or 1.2% to 4,308.5, gained 211.5 points to 1.6%.
On the data front, closely watched data came in at 336K jobs added verses 170K expected. Simultaneously, wage growth was relatively subdued, indicating a potential easing of inflation, which reassured investors.
On the bond markets, yields slightly receded from 16-year highs as stocks rose on Friday. with the Treasury yield at 4.712%.
The bond markets will also remained closed on Monday in observance of Columbus Day.