US MiddayOct 07, 05:01 PM
Midday: stocks slip as yields, dollar and oil keep pressure on risk
S&P futures stay softer at midday, with the S&P 500 off from its record intraday high above 7830. The ten-year yield is 5.32, the dollar index is 102.33, and VIX is 15.38. WTI crude is 88.99, Brent is 100.91, gold is 4133.6 and silver is 60.12.
S&P 500 futures -0.3747%Higher yields and oil keep risk appetite cautious
Nasdaq futures -0.4971%Pressure on mega-cap growth as rates stay elevated
US 10-year yield 5.32Bond selloff and inflation concerns
WTI crude 88.99Middle East supply risks keep oil near $90
Lead: S&P futures are softer at midday, with the S&P 500 back from its record intraday high above 7830. Session narrative: The ten-year yield is 5.32 and the dollar index is 102.33, keeping pressure on equities, while VIX is 15.38. Cross-asset check: WTI crude is 88.99, Brent is 100.91, gold is 4133.6 and silver is 60.12. Themes & continuing stories: bond-market stress, Middle East supply risks and renewed inflation worries remain the main drivers. What’s ahead: traders are watching afternoon risk appetite, further yield moves, and any fresh oil or geopolitics headlines.