Midday: S&P futures hold gains as yields, dollar and oil stay in focus
S&P futures and Nasdaq futures remain positive at midday, with the S&P 500 at a record intraday high above 7830. The ten-year yield is 5.28 and the dollar index is 101.89, while VIX is 15.04. WTI crude is 89.59, Brent is 100.13, gold is 4187.2 and silver is 61.57.
S&P 500 futures +0.7251%Record intraday equity tone despite a modest 1h pullback
Nasdaq futures +0.6889%Tech-led bid stays intact at midday
US 10-year yield -0.6778%Yield remains near 5.3 and keeps rate-sensitive trade in focus
WTI crude +0.1789%Oil is firmer on the session after a stronger 1h move
Lead: S&P futures and Nasdaq futures are still positive at midday, with the S&P 500 at a record intraday high above 7830. Session narrative: SPY, QQQ and DIA are higher, but IWM and RTY lag. The ten-year yield is 5.28 and DXY is 101.89, so rate-sensitive trade stays under pressure even as TLT is firmer. Cross-asset check: VIX is 15.04, WTI crude is 89.59, Brent is 100.13, gold is 4187.2, silver is 61.57 and natural gas is higher on the day. Themes & continuing stories: EU sanctions on Russia and Middle East tensions remain on deck, while the Paramount Skydance and Warner Bros. Discovery deal stays in the mix. What’s ahead: Wednesday’s Russia-sanctions approval is the next geopolitical catalyst.