US Pre-OpenSep 24, 01:02 PM
US pre-open: futures mixed, yield higher, oil firmer as Iran talks and PMIs stay in focus
S&P futures are slightly lower, Nasdaq futures are slightly higher, the ten-year yield is 5.12, dollar-yen is 158.709, and WTI crude is 93.74 before the cash open.
S&P 500 futures -0.4953%Higher yields and geopolitical risk
Nasdaq futures -0.9646%Rates pressure and risk-off tone
US 10-year yield 5.12Bond market sell-off and inflation concern
WTI crude 93.74Iran war and oil bid
Lead: US pre-open trade is led by higher rates and energy. S&P futures are slightly lower, Nasdaq futures are slightly higher in the prior note, and the live snapshot shows S&P futures at 7734 and Nasdaq futures at 30468. Session narrative: The ten-year yield is 5.12, long-duration Treasuries are weaker, and VIX is 16.03. WTI crude is 93.74 and Brent is 99.79, while dollar-yen is 158.709. Cross-asset check: The dollar index is 101.28, gold is 4307.9, and silver is 64.04. Themes & continuing stories: Bond market selling, Iran war headlines, and oil supply risk remain the main macro drivers. What’s ahead: US Q2 current account data is due, with PMIs still in focus for the cash session.