US Stock Market Today: S&P 500 Futures Fall On Higher Yields And Inflation Jitters
Sasha Jovanovic
Thu, July 9, 2026 at 1:45 PM GMT+5:30
3 min read
Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St
The Morning Bull – US Market Morning Update Thursday, Jul, 9 2026
US stock futures are pointing lower this morning, with E mini S&P 500 contracts down about 0.8%, as investors react to a mix of higher borrowing costs and fresh inflation worries. The US 10 year Treasury yield is sitting near 4.58%, a 4 week high, which means mortgages, car loans and business borrowing could stay expensive. At the same time, one year US inflation expectations are at 3.7%, and a drop in US oil inventories is feeding concern that fuel prices may climb. The key question now is whether rate sensitive sectors such as real estate, banks and smaller companies can handle this mix of higher yields and persistent price pressures.
When higher yields squeeze rate sensitive sectors, focus on 72 resilient stocks with low risk scores that can better handle the pressure
Top Movers
Alibaba Group Holding (BABA) jumped 11.05% after a U.S. judge ordered a reprieve from a Pentagon lobbying ban
Nebius Group (NBIS) surged 10.91% after Saturn Cloud expanded its AI platform deployment on Nebius NVIDIA infrastructure
Arista Networks (ANET) rose 8.76% with traders eyeing the newly announced Q2 earnings date on August 4
Is Arista Networks still a smart investment or just hype? Read our most popular narrative and get all the answers you need
Top Losers
Synchrony Financial (SYF) declined 9.61%
Moderna (MRNA) fell 7.48% despite recent analyst price target increases and upcoming Q2 earnings
Bending Spoons (BSP) declined 7.19%
Look past the noise – uncover the top narrative that explains what truly matters for Moderna’s long-term success
On The Radar
Earnings from PepsiCo and Delta Air Lines share the spotlight with rising bond yields and oil driven inflation concerns
PepsiCo (PEP) posts Q2 results on Thursday, giving a fresh read on global packaged food and beverage demand
Delta Air Lines (DAL) reports Q2 on Friday at 12:30 PM, highlighting travel demand, fuel costs and pricing trends
US inflation expectations with near term readings at 3.7% keep attention on consumer cost pressures and interest rate sensitivity
Global bond yields including the US 10Y at 4.58% keep borrowing costs in focus across mortgages, autos and corporate debt
Oil and inventories with tighter US crude stocks and higher prices keep an eye on energy costs and margin pressure
Use our <a href="https://simplywall.st/features/portfolio?utm_medium=finance_user&utm_campaign=upcoming_events_cta&utm_source=yahoo&blueprint=4654160″ rel=”nofollow noopener” target=”_blank”>Portfolio or Watchlist features to track market-moving events like these and get alerts for the companies you own, free!
