Rising Bond Yields, Oil Prices Depress Wall Street Pre-Bell; Asia, Europe Off

07:07 AM EDT, 09/15/2026 (MT Newswires) -- Wall Street futures pointed moderately lower pre-bell Tuesday as rising bond yields and oil prices, and ongoing geopolitical uncertainties in the Middle East, continued to pressure equity values. In the futures, the S&P 500, the Nasdaq and the Dow Jones were all down about 0.3% pre-bell. The Federal Reserve starts its two-day policy session in Washington this morning, culminating with a rate announcement on Wednesday afternoon. The CME FedWatch places a 92.5% chance that the US central bank will lift rates by 0.25%. West Texas Intermediate crude oil traded up 1.9% at $103.33 in morning action, while yields on 10-year US Treasuries topped 5%. The VanEck Semiconductor fund (SMH) traded up 0.5% pre-bell. Asian exchanges traded lower overnight on the oil and interest-rate outlook, and after a slate of tepid economic reports from Beijing, including soft housing, investment and retail-sales bulletins. European bourses tracked moderately south midday on the continent. On the economic calendar is the Empire State Manufacturing Index for September, at 8:30 am ET. In pre-market action, bitcoin traded at $76,885, and spot gold commanded $4,275 an ounce.