Daily WrapOct 08, 08:25 PM
Stocks mixed into the close as yields ease, oil jumps and the dollar slips
US equities finished mixed after a session where the S&P 500 ETF was down 0.3667%, the Nasdaq 100 ETF fell 1.2722% and the VIX rose 2.6525%. The ten-year yield ended at 5.23, the dollar index at 102.08, while WTI crude and Brent crude advanced 2.8092% and 3.1836%.
Nasdaq 100 ETF -1.2722%Growth and AI-linked shares stayed under pressure as yields remained high
S&P 500 futures -0.3725%Cross-asset trade stayed tied to rates and a firmer risk tone late
WTI crude +2.8092%Oil rose on supply and geopolitics headlines
US 10-year yield -0.8717%Treasury demand improved after the 30-year auction
Lead: US equities ended mixed, with the Nasdaq 100 ETF and S&P 500 futures lower while Dow futures and Russell futures held firmer.
Session narrative: Rates stayed the main driver. The ten-year yield finished at 5.23 after a U.S. 30-year Treasury auction yielded the highest since Aug 2000. Long-duration Treasuries rose 0.9331%, while the dollar index slipped to 102.08. The S&P 500 ETF fell 0.3667% and the Nasdaq 100 ETF dropped 1.2722%; VIX ended at 15.48.
Cross-asset check: WTI crude climbed 2.8092% and Brent crude rose 3.1836%. Gold added 0.4468%, but silver, copper and natural gas finished lower.
Themes & continuing stories: High yields, a softer dollar and firm oil kept the tape split. Tech lagged, while cyclicals and duration found support.
What’s ahead: The next session stays centered on inflation, Treasury follow-through and oil direction.