Nasdaq hits a record as oil sinks and yields hold near 4.97

US equities ended mixed, with the Nasdaq 100 at a record and the S&P futures roughly flat. Oil slid again on diplomacy hopes around Iran and the Strait of Hormuz, while the ten-year yield held near 4.97 and the VIX fell to 14.27.

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S&P futures 0.7983%Chipmakers and Nasdaq strength

Nasdaq 100 ETF 0.7567%Semiconductor gains

WTI crude -2.988%Diplomatic hopes around Iran and Hormuz

US 10-year yield 4.97Yield held near prior range

Lead: Nasdaq futures and the Nasdaq 100 ETF led as chipmakers kept the tech bid alive, while crude extended losses on Iran diplomacy hopes. Session narrative: The S&P futures were roughly flat, the Dow lagged, and the Russell 2000 ETF outperformed the broad market. Bonds were steady with the ten-year yield at 4.97, and the VIX eased to 14.27. Cross-asset check: The dollar index firmed to 100.52, USD/JPY held near 157.384, WTI crude fell 2.988%, Brent dropped 1.9833%, gold edged higher, and natural gas jumped 5.6465%. Themes & continuing stories: Tech leadership, energy geopolitics, and yields staying high stayed central. What’s ahead: Watch for fresh Iran and Ukraine diplomacy headlines, plus any policy comments that shift rates or FX.

Brief archive

Oct 09, 08:26 PM
Daily Wrap

Stocks gain into the close as VIX fades, yields hold high and oil stays firm

US equities finished higher on the session, with S&P 500 ETF up 0.6099% and Nasdaq 100 ETF up 0.5043%, while the VIX fell 3.8287%. The ten-year yield ended at 5.24 and the dollar index at 102.22. Gold rose 1.5155%, silver gained 2.6858% and copper added 2.1162%.

Nasdaq hits a record as oil sinks and yields hold near 4.97

Brief archive

Stocks gain into the close as VIX fades, yields hold high and oil stays firm

US midday: stocks firm, oil eases, but rates and geopolitics keep the tape tense

US pre-open: futures firm as yields stay high and gold leads the tape

Europe midday: futures firm, yields ease, oil slips on physical tanker strain

Asia close steadies as yields ease, oil slips and Europe opens firmer

Stocks mixed into the close as yields ease, oil jumps and the dollar slips

Midday: S&P futures softer as oil spikes, yields stay high and risk wobbles

US pre-open: futures softer as oil and yields stay elevated, Bailey flags fragile markets

Europe midday: equities softer, oil jumps, yields stay elevated as Fed minutes loom

Asia Wrap: Rupiah Lingers Near IDR 17,900 as Dollar Stays Strong

Stocks fade at the close as yields stay high, dollar firms and gold slips

Midday: stocks slip as yields, dollar and oil keep pressure on risk

US pre-open: futures ease as the ten-year yield, dollar and oil stay elevated

Europe midday: equities mixed, oil firm, yields elevated ahead of Fed minutes

Asia mixed into Europe open as oil extends gains and yields ease

US equities hold firm into the close while Russell lags, yields ease and energy stays bid

Midday: S&P futures hold gains as yields, dollar and oil stay in focus

Pre-open: futures firmer as yields ease and oil stays heavy