S&P 500 futures slip as a week of soaring bond yields, geopolitics take a toll

U.S. stock futures pointed to a struggle for Wall Street on Friday, as rising bond yields and geopolitical tensions continue to take a toll on investors, who were digesting comments from Federal Reserve Chairman Jerome Powell.

What’s happening

On Thursday, the Dow Jones Industrial Average DJIA finished 250.91 points, or 0.7% lower, at 33,414.17. The S&P 500 SPX fell 36.60 points, or 0.8%, to end at 4,278, and the Nasdaq Composite COMP lost 128.12 points, or 1%, at 13,186.17.

What’s driving markets

Major…