Dow Futures Up on 50,000 High; Japan Election Lifts Yields and Drives Precious Metals Higher

U.S. stock futures point higher as the Dow Jones industrial average futures rose 100 points (0.20%) and S&P 500 futures climbed 0.35%, with Nasdaq futures up 0.64%. The Dow closed at 50,000 for the first time on Friday, following a rebound led by chipmakers and airlines after a prior selloff. The 10-year U.S. Treasury yield rose 1.8 basis points to 4.224% as Japanese yields climbed 4 basis points to 2.274%. The U.S. dollar fell 0.24% against the yen. Japan's ruling party won a two-thirds supermajority in the lower house, signaling fiscal stimulus that is抬高ing global yields and perceived risk. Gold rose 1.46% to $5,052/oz, and silver climbed 3% to $70.16/oz. U.S. oil futures fell 0.88% to $62.99/bbl, and Brent crude lost 0.91% to $67.43/bbl. Key economic reports due: December retail sales on Tuesday, January jobs report on Wednesday, and January CPI on Friday.