US Stock Futures Fall as Yields, Oil Prices Rise Ahead of Fed

By EC Assets · Published 15 September 2026

U.S. stock futures declined as investors anticipated the Federal Reserve's upcoming policy decisions. Dow Jones, S&P, and Nasdaq futures all moved lower. This market movement occurred amidst rising bond yields and increasing oil prices. The Federal Reserve's September policy meeting is a central focus for market participants. Nasdaq futures led losses among the major indices. Investors considered calls for a slowdown in advanced artificial intelligence development. Escalating Middle East tensions also contributed to market sentiment. Rising oil prices, linked to an ongoing conflict with Iran, have pressured long-term bond yields. The 10-year Treasury yield rose to its highest level since 2007. This increase in yields is occurring as expectations for Federal Reserve rate hikes grow. Morgan Stanley and Goldman Sachs both now predict the U.S. central bank will hike interest rates. Morgan Stanley had previously expected the Federal Open Market Committee to leave rates unchanged. Some economists have voiced concerns about the potential for a Federal Reserve rate hike. They warn that the Fed may be on the verge of a serious mistake if it raises rates. Mark Zandi of Moody's echoed these warnings, stating that a hike could be a "serious" mistake. These economists suggest the central bank should wait before raising interest rates, about the economy's underlying vulnerability. Wall Street generally anticipates a quarter-point increase from the Fed. The U.S. bond market faces difficulty forecasting the Federal Reserve's direction. Traders in rate futures hold dramatically different views on monetary policy. This week's Federal Reserve meeting is considered consequential. This article is intended for informational purposes only. It does not constitute investment advice.