Stock futures dipped on Thursday evening as investors kept a close eye on the recent rise in the 10-year Treasury yield. Futures linked to the Dow Jones Industrial Average were down 30 points, or 0.09%, while S&P 500 futures fell nearly 0.2% and Nasdaq 100 futures dropped about 0.4%, according to CNBC.The drop in stock futures follows a volatile day for the market, with the 30-stock Dow declining 250.91 points, or 0.75%, the S&P 500 losing 0.85%, and the Nasdaq Composite sliding almost 1%. One of the key factors influencing investor sentiment is the surge in the benchmark 10-year Treasury yield, which reached as high as 4.996%, a level last seen in 2007.In after-hours trading, SolarEdge shares tumbled by 20% after the company trimmed its third-quarter revenue guidance. The company now expects third-quarter revenue to be between $720 million and $730 million, down from the previous guidance range of $880 million to $920 million. SolarEdge attributed the downgrade to "substantial unexpected" cancellations and pushouts of existing backlog from its European distributors. Following SolarEdge's news, Enphase Energy and First Solar also experienced declines, losing 14% and 4.9%, respectively.On the positive side, Knight-Swift Transportation saw a 13% gain in after-hours trading after beating estimates in the third quarter for both revenue and earnings. The company's strong performance offset some of the market's downward pressure.Meanwhile, investors are closely watching Federal Reserve Chair Jerome Powell's comments on inflation and economic growth. Powell mentioned that inflation remained too high, and lower economic growth might be necessary to address the situation. Despite not committing to a path forward for interest rates, the market speculates that the central bank will likely skip a rate hike in November, with Fed fund futures pricing indicating a 92% likelihood of rates remaining unchanged at the November meeting.Looking ahead, investors will be focusing on earnings reports from Comerica, Regions Financial, American Express, and oilfield services company SLB. With stock market losses accumulating throughout the week, the S&P 500 down 1.2%, the Nasdaq off 1.7%, and the Dow down nearly 0.8%, some investors may begin to explore opportunities in longer-dated bonds to add duration and lock in attractive yields.As traders continue to monitor the 10-year Treasury yield and brace for more market volatility, the outlook remains uncertain. However, with cautious optimism, investors are seeking potential bargains while keeping a keen eye on economic indicators and corporate earnings reports.