US Futures Edge Higher After Weak Session
2026-09-29 23:56
By
Jam Kaimo Samonte
1 min. read
US stock futures edged higher on Wednesday after the major averages came under pressure in the previous session, pressured by rising Treasury yields.
Futures tied to the Dow, S&P 500 and Nasdaq 100 were each up around 0.2%.
During regular trading on Tuesday, the Dow slipped 0.26%, while the S&P 500 and Nasdaq Composite fell 0.17% and 0.09%, respectively.
Seven of the 11 S&P sectors finished lower, with energy, materials and consumer staples leading the declines.
The moves came as the 30-year Treasury yield climbed as high as 5.62%, reaching levels not seen since June 2002, while the 10-year yield rose to fresh 2007 highs near 5.3%.
Investors now await Wednesday’s PCE price index report, the Federal Reserve’s preferred measure of inflation.
For the month, the Dow is down roughly 3.5%, while the S&P 500 is little changed and the Nasdaq Composite has gained 1.6%.