U.S. Stock Futures Mixed Amid Bond Selloff and Oil Price Fluctuations

By EC Assets · Published 25 September 2026

U.S. stock futures showed varied movements, with some edging higher, offering relief amid a bond market selloff. Other reports indicated U.S. stock futures dropped as yields climbed and oil prices rose. The bond selloff continued to weigh on risk appetite. U.S. futures were little changed after a semiconductor-led selloff. Some futures slumped over a selloff in tech and chipmaker stocks. Stock index futures plunged as a tech selloff continued. The market also focused on U.S. PMI data. The bond selloff worsened, dinging stocks. Hedge funds have soured on the basis trade as the Treasury selloff continues. This trade involves hedge funds borrowing overnight to profit from narrow price differences between Treasury securities and futures. The basis trade has been cited for accentuating past market fluctuations. Asian stocks mostly fell due to a global bond selloff. This pushed long-term U.S. Treasury yields to multi-year highs. Investors awaited details from a Trump-Xi summit, which offered little relief. Stocks are recovering from a selloff, but some investors warn of a bumpy ride ahead. The bond selloff abated as oil prices slipped, offering some relief. U.S. Treasury yields ticked higher as the global bond rout slowed. Dow futures rallied 600 points after a Federal Reserve rate hike selloff. Nasdaq-100 futures gained 1.7%, with Nvidia, Amazon, and Microsoft rising, partially reversing losses after the Fed's first rate hike in three years. This article is intended for informational purposes only. It does not constitute investment advice.