Market volatility intensifies as bond yields climb to three-month peaks, pressuring equity futures across major indices. The Dow futures contract declined significantly, reflecting investor concerns about rising interest rates and their impact on corporate valuations. However, semiconductor manufacturer Micron's earnings results provided some market support, demonstrating selective strength in technology stocks despite broader headwinds. The correlation between bond market movements and equity performance remains particularly strong, signaling that yield trajectory will be crucial for determining market direction in coming sessions.

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