US and European indices took a hit after the Fed announced that it will not seek an extension to Supplementary Leverage Ratio relief, that is set to expire at the end of March. SLR relief allowed Banks to include deposits and Treasuries while calculating supplementary relief ratio. Now government bonds and deposits will once again be treated as assets. Announcement is seen as negative for banks. S&P 500 futures dipped below 3,900 pts in a knee-jerk move while 10-year Treasury yields jumped above 1.71%.
US500 dipped below 3,900 pts after Fed announcement but the index has mostly recovered from the drop already. Source: xStation5
Three Markets to Watch Next Week (09.10.2026)
Daily Summary: A Shallow Rebound Ahead of Earnings Season
US OPEN: Trump de-escalates, OpenAI supports Wall Street sentiment
Nasdaq tries to recover losses ๐ Was the OpenAI revenue scare overdone?