On Tuesday, US stock index futures fell amid a rise in the yield of US ten-year government bonds to the highest since the beginning of summer. The yield growth indicator is growing for the fourth trading session in a row, reaching the maximum value since the end of June at 1.52%. As a result, futures for the Dow Jones industrial index fell by 0.46%, to 34582 points, for the NASDAQ index of high-tech companies – by 1.53%, to 14960.25 points, for the S&P 500 broad market index – to 4396 points. Today, Federal Reserve Chairman Jerome Powell and Finance Minister Janet Yellen will make speeches in the Senate to discuss the pace of economic recovery and further steps in the field of monetary policy. Traders are also hoping to get some comments about the current fall in the stock market. According to the Wall Street Journal, some investors are already adjusting the composition of their portfolios in order to prepare for the gradual curtailment of soft monetary policy.
