U.S. stock futures fall following ADP payrolls data as Treasury yields surge

U.S. stock-index futures fell early Thursday after the ADP data on private payrolls reported the largest increase since July 2022.

The yield on the 10-year Treasury note broke above 4% after the data while the yield on the 2-year note reached its highest level since 2006.

How are stock-index futures trading

Stocks fell Wednesday…