Markets are set to open lower Friday as futures decline and volatility stays elevated. The VIX continues rising week-over-week, signaling persistent market pressure. While commodities are strong and may support Canadian equities, rising bond yields and oil prices are creating headwinds for U.S. stocks.
Most major indexes remain in downtrends with new lows appearing in the NASDAQ and large-cap tech. Energy and gold stocks remain resilient, while bonds continue to fall. The market is still trading within a defined range and needs a clear breakdown to signal the next major move.
Stephen Whiteside
Friday, March 27, 2026
