UVIX is trading at $35.80, down 2.51% from the September 24 close of $36.72, as U.S. equity futures point to a firmer open and reduce immediate demand for volatility exposure. - Reuters reported S&P 500 futures up 0.31% and Nasdaq-linked strength overnight. - Treasury yields remain elevated near 5.1%–5.2%. High oil prices and persistent inflation and rate-hike concerns continue supporting a volatile macro backdrop.