US Stock Futures Steady Amid Rate Hike Worries, Bond Yields Climb

US stock futures are steady with S&P 500 contracts roughly flat, while volatility futures edge higher due to rising government bond yields worldwide and inflation concerns in the Middle East. Energy-related tensions and firmer inflation in Spain are also affecting the cost of living. The market is focusing on resilient stocks with low risk scores, such as utilities and large established growth names. Top movers include Valero Energy, Occidental Petroleum, and CF Industries Holdings, while Lumentum Holdings, Ciena, and Bloom Energy are among the top losers.