Pressure in semiconductor stocks has weighed on risk sentiment, while US bond yields moved higher and precious metals extended gains.

The US 10-year Treasury yield climbed toward 4.2%, its highest level since early September, as divisions within the Fed became more visible. Chicago Fed President Austan Goolsbee cautioned against moving too quickly, while Kansas City Fed President Jeffrey Schmid said inflation remains uncomfortably high.

US equity futures steadied after a mixed week. The Dow set fresh record highs, while the S&P 500 and Nasdaq pulled back as flows shifted away from richly valued technology stocks. Oracle and Broadcom dropped sharply, reflecting growing concern over the profitability timeline of AI investments.

Take a look at today's analysis to see how the markets started the week!