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Dow futures slide as traders stay alert to Treasury moves

10-year US yields rise further above 2.5%

Dow futures slide as traders stay alert to Treasury moves

US stock futures slumped on Wednesday, as investors paused for breath and booked some profits after a string of all-time highs that helped the S&P 500 score the most records in a new year since 1964, MarketWatch reports.

Traders were also keeping an eye on US bonds, as the yield on the 10-year Treasury note moved closer to 2.60%, after a report that China is considering stopping its US bond buys.

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