Daily WrapOct 02, 08:25 PM
US close mixed as futures hold gains, rates stay high and oil volatile
US stocks finished mixed into the close, with S&P futures at 7782.5 and Nasdaq futures at 31079.25. The VIX fell to 15.36, the US 10-year yield was 5.28, WTI crude was 91.48 and Brent was 102.84. A soft jobs backdrop and a heavy Fed-minute day kept rates, FX and energy in focus.
Nasdaq futures +1.0362% dayRisk appetite improved into the close and tech stayed in favor
S&P 500 futures +0.7574% dayEquities held gains after a volatile rates and FX session
US 10-year yield +0.7638% dayRates stayed elevated and kept pressure on duration
WTI crude -1.4967% dayOil remained volatile after the latest energy headlines
Lead: US equities closed mixed, with S&P futures at 7782.5 and Nasdaq futures at 31079.25 holding gains into settlement. The VIX fell to 15.36 while the US 10-year yield stayed high at 5.28.
Session narrative: The tape was driven by rates and energy. Treasuries stayed under pressure, the dollar index eased to 101.89, and dollar-yen was 157.848. WTI crude ended at 91.48 and Brent at 102.84, while natural gas rose 2.5615%.
Cross-asset check: Nasdaq futures led, the Dow and Russell stayed positive, gold and silver were softer, and copper firmed.
Themes & continuing stories: Fed-minute risk, elevated yields, and AI compute spending concerns kept traders engaged.
What’s ahead: Watch the next session for more rate sensitivity and fresh oil headlines.