{
  "id": 10692433,
  "title": "US stock futures tick higher as tech steadies though oil, yields stay high",
  "url": "https://urgent.news/2026/09/29/us-stock-futures-tick-higher-as-tech-steadies-though-oil-yields-stay",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-29T12:11:25.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today",
    "url": "https://www.freemalaysiatoday.com/category/business/2026/09/29/us-stock-futures-tick-higher-as-tech-steadies-though-oil-yields-stay-high"
  },
  "original_language": "en",
  "account": "The US stock index futures climbed marginally on Tuesday as certain technology shares gained stability, despite elevated oil prices and high bond yields, keeping risk sentiment restrained due to the ongoing Middle East conflict. Tech stocks attracted attention as Anthropic's IPO prospectus revealed the AI lab's significant expansion over the past year, despite reporting increased losses. Anthropic aims for a valuation above US$2 trillion in a potential public offering, possibly becoming a benchmark for how Wall Street assesses AI's leading companies. Several chip-related companies experienced gains in premarket trading following a Monday-wide sell-off. Marvell Technology, Micron Technology, and Broadcom all rose by approximately 1%, while Nvidia increased by 0.7%, building on Monday's gains when the world's most valuable company expanded its share buyback authorization by a record US$150 billion. The AI theme, which has driven most of the bull market since October 2022, continues to be vital. OpenAI CEO Sam Altman's remarks at the company's DevDay event later in the day are expected to influence investors. At 7:20am, Dow E-minis rose 52 points (0.1%), S&P 500 E-minis climbed 9 points (0.11%), and Nasdaq 100 E-minis increased 72 points (0.24%). The S&P 500 recorded its largest single-day percentage decline since late August on Monday as tech stocks faced pressure amid geopolitical uncertainty. Market participants await a breakthrough or at least clarity regarding the war to bolster sentiment. However, such developments are unlikely to materialize soon, according to Kyle Rodda, a senior financial market analyst at Capital.com. Energy prices, driving inflation and prompting central banks to hike interest rates, remain a source of concern, adversely impacting equities and other risk assets. Brent crude futures were trading close to the US$105 per barrel mark. US President Donald Trump dismissed reports suggesting he was open to easing sanctions and releasing frozen funds contingent on Iran's nuclear program. The 10-year Treasury bond yield hovered near its highest level since 2007, indicating expectations of more stringent monetary policy. Economic data has drawn greater attention since the Federal Reserve has reduced comments on future policy moves under Chair Kevin Warsh. Traders estimate a 70% probability of another interest rate hike in October, per the CME FedWatch Tool. Economic data, including a job openings report for August and several upcoming speeches from Federal Reserve officials, is expected to be released throughout the day. Summit Therapeutics surged 18.4% as British drugmaker AstraZeneca committed to invest US$2 billion and collaborate on cancer treatment studies with the biopharma company. PepsiCo fell 0.8% after JP Morgan downgraded its stock to neutral from overweight.",
  "summary": "Tech stocks were in focus as Anthropic's IPO prospectus showed the AI lab had grown sharply over the past year while also posting wider losses.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Free Malaysia Today",
        "title": "US stock futures tick higher as tech steadies though oil, yields stay high",
        "url": "https://urgent.news/2026/09/29/us-stock-futures-tick-higher-as-tech-steadies-though-oil-yields-stay-10693621",
        "published": "2026-09-29T12:11:25.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}