US stocks close firmer as oil eases, yields stay high and the dollar mixed
US equities finished higher into the close, with SPY at 771.21, QQQ at 744.54, the VIX at 14.85, the US 10-year yield at 5.18 and WTI crude at 92.46 as Middle East risk and oil headlines kept driving price action.
S&P 500 ETF +0.5109%Broad US equity bid into the close
Nasdaq 100 ETF +0.4655%Tech finished higher with futures firm
VIX -5.2329%Volatility eased as stocks recovered
WTI crude -2.2725%Iran and Strait of Hormuz headlines eased crude
Lead: US equities finished higher, with SPY at 771.21, QQQ at 744.54 and DIA at 517.49, while the VIX fell to 14.85. Session narrative: S&P 500 futures rose 0.4764% and Nasdaq futures added 0.4014%. Energy eased, with WTI crude down 2.2725% to 92.46 and Brent off 2.724% to 97.49. Cross-asset check: the US 10-year yield held at 5.18, the dollar index slipped 0.2834% to 101, and USD/JPY fell 0.9416% to 157.279. Themes & continuing stories: Iran and Strait of Hormuz headlines stayed central; Black Sea diplomacy kept wheat under pressure. What’s ahead: the next session will test whether the equity bid holds while oil, yields and FX keep reacting to geopolitics.