Stocks Grind Higher as Geopolitics Weighs

MPC Markets Morning Call · Sep 27, 2026 · 6m

Stocks Grind Higher as Geopolitics Weighs | 28 September 2026 Wall Street rebounded Friday — Dow +0.93%, S&P 500 +0.51%, Nasdaq +0.48% — led by Microsoft's Copilot refresh and easing oil as Iran proposed a seven-day Hormuz reopening. But Trump rejected the deal on Saturday, putting the war premium back in play. The US 10-year yield closed at 5.18% (hit 5.23% intraday) with the 30-year topping 5.50% for the first time since 2004. The MOVE bond-volatility index sits at 105 vs a decade average of 80 — stress levels remain elevated. In Australia, the ASX 200 closed at 8,665 — its lowest since…