Pre-open: jobs miss keeps futures firm as yields and gold stay bid

September payrolls came in at 29K versus 90K expected, keeping S&P futures and Nasdaq futures supported while the ten-year yield holds at 5.28 and gold is 4189.4.

Latest brief

S&P 500 futures -0.0836%Jobs miss keeps rate-cut talk in focus

Nasdaq futures -0.2165%Follows the softer labor-data backdrop

US 10-year yield 5.28Labor data keeps yields elevated

Gold 4189.4Safe-haven bid after weak payrolls

Lead: September payrolls rose 29K versus 90K expected, and that softer labor read is still steering pre-open trade. Session narrative: S&P futures and Nasdaq futures are near flat-to-lower, while cash equities are firmer, with SPY up 0.5889% and QQQ up 0.8949%. VIX is at 16.14. Cross-asset check: the ten-year yield is 5.28, TLT is down 0.7913%, DXY is 102.23, and USD/JPY is 158.233. Themes & continuing stories: rates pressure, a firm dollar, and elevated commodities stay in play; gold is 4189.4, WTI crude is 90.19, and Brent is 102.45. What’s ahead: the US open will test whether the jobs miss outweighs higher yields, with early attention on bonds, dollar-yen, and gold.

Brief archive

Oct 09, 08:26 PM
Daily Wrap

Stocks gain into the close as VIX fades, yields hold high and oil stays firm

US equities finished higher on the session, with S&P 500 ETF up 0.6099% and Nasdaq 100 ETF up 0.5043%, while the VIX fell 3.8287%. The ten-year yield ended at 5.24 and the dollar index at 102.22. Gold rose 1.5155%, silver gained 2.6858% and copper added 2.1162%.

Pre-open: jobs miss keeps futures firm as yields and gold stay bid

Brief archive

Stocks gain into the close as VIX fades, yields hold high and oil stays firm

US midday: stocks firm, oil eases, but rates and geopolitics keep the tape tense

US pre-open: futures firm as yields stay high and gold leads the tape

Europe midday: futures firm, yields ease, oil slips on physical tanker strain

Asia close steadies as yields ease, oil slips and Europe opens firmer

Stocks mixed into the close as yields ease, oil jumps and the dollar slips

Midday: S&P futures softer as oil spikes, yields stay high and risk wobbles

US pre-open: futures softer as oil and yields stay elevated, Bailey flags fragile markets

Europe midday: equities softer, oil jumps, yields stay elevated as Fed minutes loom

Asia Wrap: Rupiah Lingers Near IDR 17,900 as Dollar Stays Strong

Stocks fade at the close as yields stay high, dollar firms and gold slips

Midday: stocks slip as yields, dollar and oil keep pressure on risk

US pre-open: futures ease as the ten-year yield, dollar and oil stay elevated

Europe midday: equities mixed, oil firm, yields elevated ahead of Fed minutes

Asia mixed into Europe open as oil extends gains and yields ease

US equities hold firm into the close while Russell lags, yields ease and energy stays bid

Midday: S&P futures hold gains as yields, dollar and oil stay in focus

Pre-open: futures firmer as yields ease and oil stays heavy