Written and reviewed by Kevin Nerway · Last verified 8 October 2026
Key Takeaways
- U.S. equity futures pointed to a weaker open on Monday, September 28, 2026, with Nasdaq futures falling 0.60%, Dow futures down 0.54%, and S&P 500 futures down 0.36%.
- Crude oil prices jumped 4% after President Trump rejected an Iranian ceasefire offer, elevating energy risk and pushing the 10-year Treasury yield above 5.2%.
- Single-stock actions diverged sharply: Nvidia gained 1.5% on a $150 billion buyback expansion, while Meta fell 3% and gold miner Newmont Goldcorp sank 4%.
- Technical analysis shows the Nasdaq 100 consolidating above support at 30,400 after pulling back from record highs of 30,800, with key upside resistance at 31,000 and 32,000.
Geopolitical Shock Reprices Equity Futures and Energy Markets
On Monday morning, September 28, 2026, U.S. stock index futures pointed to a weaker open across Wall Street, driven by a sudden escalation in Middle East geopolitical uncertainty. Nasdaq futures declined 0.60%, Dow futures dropped 0.54%, and S&P 500 futures