GeopoliticsMedium•7 October 2026•
1 min read
US Futures Slide as Oil Tops $100 and Treasury Yields Hit Multi-Decade Highs
Key Facts
1Brent crude prices rose above $100 per barrel as Iran increased the pace of attacks on tankers in the Strait of Hormuz.
2The US 30-year Treasury yield climbed to 5.70%, reaching its highest level since 2002.
3Neogen shares jumped 11% following an earnings beat, while Constellation Brands slid 4.7% after reaffirming guidance.
US equity futures retreated as Brent crude prices rose above $100 per barrel. Reuters reported that the spike followed an increase in the pace of Iranian attacks on tankers in the Strait of Hormuz, threatening global energy flows. Simultaneously, the US 30-year Treasury yield climbed to 5.70%, reaching its highest level since 2002.
Individual equities showed mixed performance as Neogen shares jumped 11% following an earnings beat, while Constellation Brands slid 4.7%. On October 7, 2026, AAPL was trading at $335.035. Regarding previous sessions, NVDA closed at $239.24 and TSLA closed at $380.68 on October 6, 2026. On the same date, STZ closed at $115.67 and NEOG finished at $11.96.