Stock market news live updates: Stock futures mixed, tech shares renew declines

Stock market news live updates: Stock futures mixed, tech shares renew declines

Stock futures pointed to a mixed open Monday morning, with technology stocks under renewed pressure as investors anticipated higher interest rates this year and looked ahead to several economic data and earnings reports later this week.

Contracts on the S&P 500 ticked down, after the blue-chip index closed out its first week of trading for the new year in the red. Nasdaq futures declined to extend losses following the Nasdaq Composite's worst week since February 2021. Dow futures hugged the flat line. 

Treasury yields were little changed to slightly higher, and the benchmark 10-year yield briefly topped 1.8% to reach its highest level since January 2020.