Dow futures fall 201 points as Treasury yields rise Quartz · Spencer Platt / Getty Images Cris Tolomia Wed, October 7, 2026 at 7:34 AM EDT 2 min read CL=F +0.46% ^GSPC +0.58% ^DJI +0.49% U.S. stock futures fell Wednesday as rising oil prices pulled Treasury yields higher, unwinding a brief reprieve that had helped equities close at record levels the day before.
The Dow Jones Industrial Average futures contract shed 201 points, or 0.4%; S&P 500 futures were off 0.2%, and Nasdaq-100 futures retreated 0.4%. The 10-year Treasury note yield was up around 6 basis points at 5.326%, with the 30-year bond adding close to 7 basis points to reach 5.706%.
International Brent crude futures were changing hands near $102 a barrel, a gain of about 1% on the session. Houthi militant strikes targeting Saudi Arabia have sustained elevated tensions across the Middle East, according to The Wall Street Journal. U.S. crude prices moved back toward $90 per barrel.
On Tuesday, bond yields had eased, giving equities a lift. Chipmakers paced the advance that carried the S&P 500 past 7,800 for the first time. The Nasdaq composite also closed at a record.
Investors are awaiting the September Federal Reserve meeting minutes, scheduled for release at 2 p.m. ET Wednesday, which could offer clues about where policymakers stand on inflation and whether further rate increases lie ahead. At that meeting, the Fed raised interest rates for the first time since 2023.
European indexes fell across the board. The pan-European Stoxx 600 lost 0.8%, with France's CAC 40 off 1% and Germany's DAX sliding 1.3%. London's FTSE 100 gave up 0.7%, while Italy's FTSE MIB was among the region's worst performers, down 1.9%. Treasury yields on French government bonds moved higher but remained below last week's levels, when concerns about France's fiscal position stirred comparisons to the eurozone debt crisis, according to The Wall Street Journal.
In Asia, Japan's Nikkei 225 shed 0.92%, South Korea's Kospi dropped nearly 2%, and the smaller Kosdaq fell 2.34%. Australia's S&P/ASX 200 finished little changed, while trading in mainland China was suspended for the Golden Week holiday.
