Elsewhere, a jump in oil prices and energy shares is in focus for investors, after a U.S.-led coalition launched strikes on Houthi rebel targets in Yemen. Brent crude futures rose past $80 a barrel—a level not seen since late last year.
Stock futures ticked down, weighed down by big premarket declines in shares of companies including Delta Air Lines and UnitedHealth Group, both of which reported results Friday. Contracts tied to the Dow industrials led the losses.
Oil prices jumped. Brent and West Texas Intermediate crude oil futures each jumped around 3%.
Bitcoin fell to around $46,000, erasing some of the gains generated after the U.S. Securities and Exchange Commission approved bitcoin ETFs for everyday investors.
The 10-year Treasury yield fell after the U.S. producer-price index for December came in lower than expected. The yield recently traded around 3.964%.
Overseas, the Stoxx Europe 600 climbed. In Asia, Japan’s Nikkei 225 continued its recent rally, rising 1.5%.
