Oil Casts a Long Shadow Over Inflation, Bond Yields and Currencies - stonex.com

September 28 – Stock futures are pointing to a lower open to start the week, with the Nasdaq and S&P 500 both remaining within shouting distance of their respective all-time highs, while the Dow Jones continues to be the laggard of the major indexes, holding in a clear downtrend after touching a three-plus month low last week. The VIX is elevated to start the week but remains on the low-end of 2026 trade, hovering just above 16 at the time of writing. The dollar is in the green again after big weekly gains but a lower close on Friday, trading at 101.16 to start the day. Treasury yields are looking to start the week in focus as they show signs of renewed upward momentum, as 2-year yields rise to 4.91%, 10-year yields rise to 5.