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The futures market today

Tuesday, September 29, 2026. What is moving across 24 futures markets, why, and what is scheduled next — the first panel FP Terminal members open, free to everyone.

FP TERMINAL · MARKET BRIEF14:07 ET · New York session

Crude oil (CL) is the biggest mover on the board, -5.2% over 24 hours. JOLTs Job Openings (Aug) printed 7.079 vs 7.23 expected. VIX 16.25 (+0.18).

Leading · 24h
  • ZLSoybean oil+1.2%
  • GCGold+0.5%
  • ZSSoybeans+0.3%
  • NQNasdaq-100+0.1%
Lagging · 24h
  • CLCrude oil−5.2%
  • NGNatural gas−2.4%
  • 6AAustralian dollar−0.7%
  • 6NNew Zealand dollar−0.7%
VIX 16.25 (+0.18)VXN 22.55 (+0.42)US 10Y 5.27% (+2.6 bp)DEALER GAMMA NQ dampening · ES amplifying · YM amplifying · RTY amplifying
Today's calendar · consensus → actual
  • S&P/Case-Shiller Home Price YoY (Jul)2.5 vs 2.2
  • CB Consumer Confidence (Sep)81.9 vs 89.2
  • JOLTs Job Openings (Aug)7.079 vs 7.23
  • ▸ Fed Bowman Speechdue
  • Fed Goolsbee Speechdue
  • Fed Musalem Speechdue
  • Fed Williams Speechdue
  • Fed Waller Speechdue
  • API Crude Oil Stock Change (Sep/25)consensus -1.9
  • NBS Non Manufacturing PMI (Sep) · CNY → HG/6Aconsensus 49.3
On the wire · single-stock catalysts
  • $UNCY 8-K · NDA resubmission de-risks near-term binary. 12-month stability data from new vendor addresses prior rejection.clinical
  • $SSTI 8-K · Confirmed acquisition removes microcap speculation risk. Tender from 33% holders signals momentum.m&a
  • $IVVD 8-K · Phase 3 success in VYD2311 with superiority vs. mRNA on safety is material for clinical-stage biotech.…clinical
  • $IOVA 8-K · $55M midpoint raise on strong Amtagvi/Proleukin demand; substantial guidance beat for commercial biotech IOVA.guidance
  • $BYSI 8-K · FDA Fast Track + strategic transaction funding Phase 3 interim analysis is material for oncology biotech.clinical
Moves are 24-hour % on the front contract · refreshes every 5 minutes · Educational only, not financial advice. Futures carry substantial risk of loss.

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HOW TO READ IT

Four terms, in plain English.

24-hour move

The change in the front-month futures contract over the last 24 hours, so an overnight move counts even before the cash open.

Consensus → actual

Economists' median forecast for a release, then the number that printed. The gap between them — the surprise — is what usually moves futures, not the level itself.

Dealer gamma

How options dealers' hedging affects moves in the index futures. Dampening: their hedging leans against moves. Amplifying: their hedging adds to them. It describes the volatility backdrop, never a direction.

VIX and VXN

Implied volatility on the S&P 500 and the Nasdaq-100 — the options market's price for the next 30 days of movement.

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General research and education, not personal advice. Futures involve substantial risk of loss. Market data can be delayed; moves are percentages on the front contract and are not a price feed. Risk disclosure.