US Stock Market Today: S&P 500 Futures Edge Higher As Bond Yield Jitters Linger

The Morning Bull - US Market Morning Update Wednesday, Sep, 16 2026 US stock futures are pointing slightly higher in early trade, with E-mini S&P 500 contracts up about 0.3% and tech heavy Nasdaq futures ahead roughly 0.4%. The big driver is the US 10 year government bond yield, which briefly touched 5.01% before easing to 4.96%. That is the highest level since 2007 and means borrowing costs for mortgages, credit cards, and companies remain expensive. At the same time, rising government bond yields across Europe and Japan signal that central banks are still focused on taming inflation. The key question for investors is whether sectors reliant on cheap money, like smaller companies and real estate, can cope if interest rates stay this restrictive.