Pre-market futures are back in the green this morning, after petering out somewhat by yesterday's close, resulting in a mixed trading Hump Day. Oil prices staying right at $100 per barrel (/bbl) on Brent crude, and right around $90/bbl on WTI, are helping improve sentiment: the Dow is +179 points at this hour, the Nasdaq is +169 and the S&P 500 is +32 points currently. The small-cap Russell 2000 is up +10 points at present. What's not helping market sentiment right now are bond yields, which continue to climb: +5.285% on the 10-year, +4.858 on the 2-year (higher than the 10-year was just three weeks ago) and +5.637% on the 30-year, which can be expected will keep mortgage rates elevated.
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