The S&P 500 futures fell 0.5% on Tuesday morning while
while the Nasdaq 100 futures dropped 0.8%. This comes after a strong rally in stocks in recent weeks.
Bond yields are rising because the Federal Reserve is raising interest rates in an effort to combat inflation.
Higher interest rates make it more expensive for businesses to borrow money which can slow economic growth.
A strong jobs report could lead to further interest rate hikes from the Fed which could put pressure on stocks.
A recession could lead to job losses and business closures which would be negative for stocks.
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