Stock Futures Weaken After Evergrande Payment Deadline Passes

U.S. stock futures wavered and bond yields ticked up to multi-month highs, as uncertainty lingered about the future of heavily indebted property giant China Evergrande Group.

Futures tied to blue-chip index and the broader S&P 500 both edged down 0.3% Friday. Technology-heavy Nasdaq-100 futures weakened 0.5%. On Thursday, all three indexes rebounded, paring losses from earlier in the week.