futures tied to the dow jones industrial average rose in overnight trading as earnings season pressed on and salesforce shares popped nearly 15 on a strong quarter and forward guidance along with salesforce okta shares jumped 13 in overnight trading on solid earnings and guidance silvergate capital shares plunged more than 30 after it delayed its 10k annual report futures tied to the dow jumped 148 points or 045 sp 500 futures and nasdaq 100 futures added 008 each wednesday marked the first trading day of march all the major averages finished lower as bond yields rocketed higher with the yield on the 10year treasury note hit 4 for the first time since november the techheavy nasdaq composite led wednesdays losses falling 066 while the sp 500 dipped 047 the dow jones industrial average added just 514 points the sp 500 and the nasdaq are on pace for their second consecutive losing week for the first time since december the dow meanwhile is on track for its fifth consecutive negative week a first since may 2022 the rise in bond yields and concerns of a potentially largerthanexpected hike from the federal reserve have fueled investor concern in recent days putting a dent in the early 2023 rally you have a situation where if rates stay high multiples need to come in and it likely leads to a further downfall down the line in the economy because there is a lag effect to these rate hikes cantor fitzgeralds eric johnston said on cnbcs closing bell overtime on wednesday and then once the economy falls then earnings would have a fairly long way to go to the downside earnings season continues thursday with results from broadcom costco and marvell technology on the economic front investors await jobless claims and unit labor costs and productivity data a speech from fed governor christopher waller is also slated for thursday afternoon