US pre-open: Futures mixed as 10-year Treasury hits 15-year high

Wall Street futures were mixed ahead of the bell on Thursday after the yield on the 10-year US Treasury note hit its highest level in roughly 15 years.

As of 1200 BST, Dow Jones futures were up 0.18%, while S&P 500 and Nasdaq-100 futures had the indices opening 0.05% and 0.30% softer, respectively.

The Dow closed 99.99 points lower on Wednesday, biting into the gains recorded in the previous session.

Drawing an amount of investor attention prior to the open was news that the yield on the benchmark 10-year Treasury note hit 4.18% early on Thursday - its highest level since 2007. The two-year note was also trading higher, up more than one basis point at 4.567%.

Earnings from Tesla were also weighing on sentiment, with the electric carmaker reporting third-quarter revenues of $21.45bn that missed expectations overnight despite beating on earnings.

As far as Thursday's earnings slate goes, American Airlines, AT&T, and Philip Morris will report before the opening bell, while Whirlpool and Snap will report their latest set of quarterly figures after the close.

On the macro front, the Labor Department's weekly jobless claims report and October's Philadelphia Fed manufacturing index will be released at 1330 BST, while existing home sales data and last month's CB leading index will follow at 1500 BST.

Federal Reserve bankers Patrick Harker, Philip Jefferson, Lisa Cook and Michelle Bowman will also deliver speeches throughout the course of the day.

Reporting by Iain Gilbert at Sharecast.com