US equities hold firm into the close while Russell lags, yields ease and energy stays bid
S&P futures, Nasdaq futures and Dow futures finished higher, while the Russell complex lagged. The VIX slipped, the ten-year yield held at 5.27, and the dollar index was softer at 101.84. WTI and Brent were both higher on the day, and gold, silver and natural gas also firmed.
S&P 500 futures +0.6389%Large-cap equities held firm into settlement
Nasdaq futures +0.5827%Tech-led strength stayed intact
Russell futures -0.6765%Small caps lagged the broader market
US 10-year yield 5.27Rates eased after staying elevated earlier in the day
Lead: US equities closed firmer, with S&P futures, Nasdaq futures and Dow futures higher, while the Russell complex lagged. The VIX eased, the ten-year yield held at 5.27, and the dollar index was softer at 101.84.
Session narrative: Large-cap strength stayed intact into settlement. The S&P 500 ETF and Nasdaq 100 ETF gained more than 0.5%, but the Russell 2000 ETF fell 0.7269%. Treasuries were mixed, with TLT slightly higher and the ten-year yield down 0.7908% on the day.
Cross-asset check: WTI rose 0.5479%, Brent gained 0.7675%, gold added 0.9791%, silver rose 0.7912% and natural gas climbed 1.8265%. The dollar index slipped, while euro-dollar and sterling-dollar both firmed.
Themes & continuing stories: Megacap leadership is still doing the heavy lifting. Small caps remain under pressure. Energy and precious metals stayed bid as geopolitics and supply headlines stayed in focus.
What’s ahead: The next session will test whether futures hold the close, whether the ten-year yield stays near 5.27, and whether oil and gas keep their bid.