Most US stocks fall after the bond market cranks the pressure higher
Most US stocks fell on Wednesday as the bond market continued to crank up the pressure. The S&P 500 slipped 0.3%, the Dow Jones Industrial Average fell 0.9%, and the Nasdaq composite climbed 0.2%. The US economy's resilience and higher bond yields have been weighing on stocks. Initial gains following an encouraging inflation update were lost as stronger economic data kept bond yields high.
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- ✓ The S&P 500 slipped 0.3% on Wednesday.
- ✓ The Dow Jones Industrial Average fell 0.9%.
- ✓ The Nasdaq composite climbed 0.2%.
- ✓ The US economy grew at a solid 2.2% pace from April through June.
What changed
Stocks turned lower after reports suggested the US economy was stronger during the spring than earlier thought, helping yields remain high in the bond market.
Live updates
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Most US stocks fall after bond market pressure
Most US stocks fell on Wednesday as the bond market continued to crank up the pressure. The S&P 500 slipped 0.3%, the Dow Jones Industrial Average fell 0.9%, and the Nasdaq composite climbed 0.2%. The US economy's resilience and higher bond yields have been weighing on stocks. Initial gains following an encouraging inflation update were lost as stronger economic data kept bond yields high.
Why it matters
The US economy has been showing surprising strength, which has led to higher bond yields and pressure on the stock market. The Federal Reserve's preferred inflation gauge showed core inflation at 3.0% in August, much lighter than expected. However, this has not been enough to offset concerns about the impact of higher interest rates on the economy.
What is confirmed
- The S&P 500 slipped 0.3% on Wednesday.
- The Dow Jones Industrial Average fell 0.9%.
- The Nasdaq composite climbed 0.2%.
- The US economy grew at a solid 2.2% pace from April through June.
- Core inflation was 3.0% in August, much lighter than expected.
What to watch next
- The US 10-Year Treasury Yield, which hit a 24-year high recently
- The Federal Reserve's next interest rate decision
- The release of future inflation and economic growth data
confidence 85%Sources used for this update (17)
- Yahoo Finance — Stock market today: Dow, S&P 500, Nasdaq futures little changed ahead of PCE inflation data
- CNBC — Fed’s preferred gauge showed core inflation at 3.0% in August, much lighter than expected
- AP News — Wall Street closes in on a winning September following an encouraging update on inflation
- MarketWatch — Dow, S&P 500 end lower, but Nasdaq books a gain as long-end yields continue to climb
- Investopedia — Markets News, Sept. 30, 2026: S&P 500, Nasdaq End Q3 With Gains; Inflation Data Comes in Softer Than Expected; US 10-Year Treasury Yield Hits 24-Year High
- Investor's Business Daily — Stock Market Today: Dow Knocked Down, Nasdaq Pares Gain; Micron Holds Firm After Earnings Soar
- Reuters — COMMENTARY: Trading Day: Shrugging off a volatile September, markets shuffle into Q4
- Yahoo Finance — A cooler-than-expected reading on Fed’s favored inflation measure tamps down on urgency for rate hikes
- www.latimes.com — Stocks fall after the bond market cranks the pressure even ...
- www.cp24.com — Markets today: Most U.S. stocks fall
- www.mercurynews.com — Rising bond yields rattle markets and overshadow hopes for AI stocks
- www.kob.com — Most US stocks fall after the bond market cranks the pressure higher - KOB 4
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