Daily WrapSep 23, 08:25 PM
US close mixed as yields hold near 5.11 and crude stays bid
US equities finished lower across the board, with the Russell 2000 lagging and the VIX at 15.2. The ten-year yield held at 5.11, the dollar index rose, and WTI crude ended at 92.57 as geopolitics and growth data kept pressure on the tape.
Russell 2000 ETF -1.7969%Small caps underperformed as risk appetite faded
Nasdaq 100 ETF -0.8803%Growth stocks slipped with higher yields
US 10-year yield 5.11Yield held near cycle highs
WTI crude 92.57Oil stayed elevated on geopolitical uncertainty
Lead: US stocks finished lower, with the Russell 2000 ETF the weakest and the VIX at 15.2. Session narrative: The S&P 500 ETF fell 0.7434%, the Nasdaq 100 ETF lost 0.8803%, and S&P futures were down 0.7821%. The ten-year yield held at 5.11, while the dollar index rose to 101.09. Cross-asset check: WTI crude ended at 92.57 and Brent at 98.51; gold slipped to 4321.2 and silver to 64.87. Themes & continuing stories: Rates, energy, and dollar strength kept the tone defensive. What’s ahead: Watch whether S&P futures, the ten-year yield, and dollar-yen carry this close into the next session.