Asia closes mixed as oil falls, yields ease on Iran diplomacy
S&P futures are slightly higher, Nasdaq futures are also firmer, and crude is lower as traders lean toward diplomacy in the U.S.-Iran talks. The ten-year yield is at 4.97 and the dollar is steady near 100.75.
Nasdaq futures +0.0927%AI-led risk appetite and a steadier futures tone
S&P 500 futures +0.099%Calmer risk tone and lower oil
WTI crude -1.403%Iran diplomacy hopes and improved supply outlook
US 10-year yield +0.1007%Still elevated near 4.97 despite early Europe easing
Lead: Asia closes mixed, with futures steady to slightly firmer and oil lower as traders focus on U.S.-Iran diplomacy. Session narrative: Brent is 98.41 and WTI is 89.25 after renewed talk of a deal, while the ten-year yield sits at 4.97 and the dollar index is 100.75. Session narrative: Nasdaq futures are slightly higher, S&P futures are up, and the VIX is 14.21. Cross-asset check: Yield easing in Europe has not yet pulled the ten-year off 4.97, and USD/JPY remains at 157.696. Themes & continuing stories: Oil, rates, and FX are all tied to the diplomacy headline flow. What’s ahead: Germany, eurozone, and UK flash PMIs are due in the Europe window and should set the tone for rates and equities.