SMI trades at 13,821 points at midday ahead of Fed minutes
Published on 10/07/2026 at 13:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
The SMI was quoted at 13,821.67 points at 11:02 a.m. CEST on October 7, 2026, according to finanzen.ch. The Swiss benchmark had opened lower as higher oil prices and bond yields weighed on the market, but defensive shares helped stabilize trading.
Drivers of the day
Swiss market conditions were shaped by renewed pressure from crude oil and government bond yields after a recent easing in both markets had supported equities. finanzen.ch reported that the SMI was indicated at 13,715 points before the open, down 0.54 percent, with Brent crude at USD 101.30.
International markets provided a firmer backdrop. Saxo said lower oil prices and softer U.S. Treasury yields had supported sentiment in the previous session.
What is still ahead today
The minutes of the Federal Reserve's September 15-16 meeting are scheduled for 2:00 p.m. ET on October 7, or 8:00 p.m. CEST. PipTheory said the release will provide details on the rate discussion behind the September decision.
The SMI's next major market test is the reaction to those minutes after the Swiss session has ended.
