S&P 500 futures reached lowest level since September 2025.

S&P 500 futures fell for a third consecutive session on Friday, reaching their lowest levels since September 2025. Dan Deming of KKM Financial analyzes the technical breakdown as the index trades below its 200-day moving average for the first time in a year. The commentary explores how rising interest rates and a four-year high in WTI Crude Oil futures are creating headwinds for equities. Deming also notes the broader market weakness, as other major indexes including the Nasdaq-100 and Dow Jones Industrial Average test key technical support levels amid shifting yield dynamics.