Stock Market News, Sept. 18, 2026: Tech Stocks Climb as Treasury Yields Rise

Live updates

1. 16d ago

   Global Stocks React to Oil Surges, Protests, and Inflation Concerns

   Global stock markets experience varied trading sessions as investors balance rising inflation expectations, higher US interest rates, and surging crude oil prices. In India, equity benchmarks rallied with the Sensex surging 1,533.72 points, or 2.11 per cent, to 74,315.61 and the Nifty 50 gaining 374.65 points, or 1.66 per cent, to 22,997.35. Meanwhile, European markets faced downward pressure following violent street protests in France and Italy that triggered a sell-off in stocks and bonds while sending the euro lower. Traders continue to monitor commodity markets closely as crude oil climbs due to supply concerns.

   Why it matters

   Market sentiment remains fragile as multiple macroeconomic pressures converge across international exchanges. Investors weigh the impact of potential monetary tightening against geopolitical disruptions affecting key energy supplies. Regional indexes respond differently to these pressures, reflecting localized economic conditions alongside broader global inflation trends.

   What is confirmed

   • The Sensex surged 1,533.72 points, or 2.11 per cent, to 74,315.61.
   • The Nifty 50 gained 374.65 points, or 1.66 per cent, to 22,997.35.

   Still unconfirmed

   • Apple cut iPhone 18 Pro orders due to soft demand.
   • Chinese memory giant CXMT announced a major technical breakthrough, causing memory stocks to plunge.

   What to watch next

   • Upcoming consumer price index data releases
   • Developments in European street protests and their continued impact on regional bonds
   • Further updates on US interest rate expectations and Federal Reserve policy actions
   Sources used for this update (13)

   1. finance.yahoo.com — Yahoo Finance - Stock Market Live, Quotes, Business & Finance News
   2. stocktwits.com — Stocktwits - Stock Market Live Quotes, Social Community...
   3. economictimes.indiatimes.com — US stocks: US market ends lower, off record highs, as Treasury yields climb
   4. www.cnbc.com — Bank earnings live updates: JPMorgan and Goldman execs discuss AI, deal backlog on analyst calls
   5. www.dzrh.com.ph — Oil rallies, sending dollar higher on expectations of higher US rates
   6. note.com — Memory stocks plunge on CXMT's technical progress, KOSPI down -3.65%—S&P 500 stalls near record highs, Brent rises back to $106 amid caution ahead of CPI
   7. finance.yahoo.com — Michael Burry raises a strong warning about the private markets
   8. help.naver.com — Futures Flat As Oil Rebounds After Trump's "Energy Ceasefire" Unravels, Memory Stocks Slide | ZeroHedge
   9. www.thehindubusinessline.com — Stock Market Highlights, Oct 15: Sensex jumps over 1,500 points, Nifty nears 23,000; rupee extends gains - The HinduBusinessLine
   10. asia.nikkei.com — Exclusive: Apple cuts iPhone 18 Pro orders due to soft demand - Nikkei Asia
   11. www.cnbc.com — Stock market today: Live updates - CNBC
   12. timesofindia.indiatimes.com — Stock Market Today Highlights: Sensex climbs 413.66 points to settle at 74,729; Nifty closes at 23,146
   confidence 85%
2. 24d ago

   Tech Stocks and S&P 500 Hit Records Amid Yields

   Major U.S. stock indexes climbed to record highs as a powerful artificial intelligence boom drove megacap technology shares upward, offsetting intense pressure from surging long-term Treasury yields and rising oil prices. The S&P 500 rose 0.58% to close at 7,819 points, while the Nasdaq Composite set new intraday and closing records. Meanwhile, global markets experienced mixed trading as investors monitored escalating Middle East tensions pushing crude oil above 100 dollars a barrel, sticky inflation pressures, and forthcoming Federal Reserve meeting minutes.

   Why it matters

   The stock market is managing a complex dynamic where strong artificial intelligence spending propels technology valuations higher despite multi-year highs in borrowing costs. Long-dated bond yields have soared, driven partly by a wider term premium as markets weigh persistent price pressures and monetary policy decisions. Internationally, regional performance gaps are widening, with Taiwan pulling ahead in the technology trade due to strong demand for TSMC while Korean memory earnings face scrutiny.

   What is confirmed

   • The S&P 500 rose 0.58% and closed at 7,819 points, marking a record high.
   • The Nasdaq Composite index climbed to new intraday and closing records as tech shares advanced despite rising Treasury yields.
   • Long-dated bond yields soared to multi-decade highs, weighing on equity markets and causing major U.S. benchmark indexes to close in the red on Wednesday.

   Still unconfirmed

   • Constellation Brands Inc. traded at its lowest valuation multiples in over 14 years ahead of its fiscal second-quarter earnings report.

   What to watch next

   • The release of the Federal Reserve minutes to gauge the central bank approach to sticky inflation.
   • Corporate earnings reports from major chipmakers to determine if profits justify higher borrowing costs.
   Sources used for this update (19)

   1. sanjeevpaticfa.substack.com — September 2026 Market Recap: The Fed Raises Rates and the 10 ...
   2. www.thehindubusinessline.com — Stock Market Highlights, Oct 5: Sensex rises 472 pts to end at 72,382, Nifty settles at 22,555; ITC, Eter....
   3. finance.yahoo.com — Nasdaq Continues To Hit Record Highs As Tech Stocks Gain ...
   4. economictimes.indiatimes.com — Sensex Today | Nifty 50 | Stock Market Highlights: Sensex rallies 685 pts, Nifty ends above 22,750; RIL, HUL jump 3% each
   5. stocktwits.com — STZ Stock Ticks Higher Premarket: Constellation Brands Trades At Cheapest Valuation In Over A Decade Ahea....
   6. finance.yahoo.com — Tech stocks edge higher as bond yields remain elevated ...
   7. www.ibtimes.com — Stocks Climb as Traders Watch Past Treasury Yields. Nasdaq Composite Hits New High. | IBTimes
   8. www.cnn.com — US stocks hit record high, shrugging off bond market turmoil
   9. www.briefs.co — Taiwan Is Pulling Ahead in the AI Trade as Korea's Memory Boom Cools
   10. en.sedaily.com — U.S. Yields and Stocks Rise Together as AI Optimism Absorbs Bond Shock
   11. finance.yahoo.com — Markets News, Oct. 5, 2026: Nasdaq Closes at Record as AI ...
   12. www.intelliquant.ai — [Weekly Briefing] Global Investment Outlook — Oct 2026, Week 1 : 인텔리퀀트
   confidence 100%
3. 30d ago

   Tech Stocks Rise as AI Spending Lifts Nasdaq 100 Despite Yields

   Technology stocks climbed to records as artificial intelligence spending drove a powerful rally for large-scale technology companies. This upward momentum persists even as Treasury yields approach 24-year highs and global markets contend with surging bond yields and oil prices exceeding 100 dollars a barrel. Investors are increasingly utilizing cross-asset trades and dual-binary options while the VIX remains low to establish cost-efficient hedges against potential volatility. Escalating tensions in the Middle East further compound the complex economic environment as market participants weigh corporate earnings forecasts and central bank monetary policy decisions against persistent inflation pressures.

   Why it matters

   Previous market sessions saw equities advance following weak employment data that lowered expectations for Federal Reserve rate hikes. Current conditions show a notable shift as stocks push higher despite rising yields and commodity price spikes. This ongoing tension between robust artificial intelligence earnings projections and climbing borrowing costs highlights the extreme sensitivity of current market valuations.

   What is confirmed

   • Treasury yields reached near twenty-four-year highs while oil prices surpassed one hundred dollars a barrel.
   • Bond yields surged globally as investors weighed inflation, central bank decisions, and corporate earnings alongside escalating Middle East tensions.

   Still unconfirmed

   • The Nasdaq 100 hit records as artificial intelligence spending lifted big tech, with third-quarter technology earnings per share projected to rise 65 percent and the S&P 500 up 24 percent.
   • Investors embraced cross-asset trades and dual-binary options to seek cost-efficient hedges while the VIX stayed low.
   • Market risks could intensify if the ten-year Treasury yield nears six percent.

   What to watch next

   • Whether the ten-year Treasury yield approaches the six percent threshold.
   • Further developments in Middle East tensions and their impact on oil prices above one hundred dollars a barrel.
   • Actual third-quarter technology earnings per share results compared to the projected 65 percent increase.
   Sources used for this update (3)

   1. www.briefs.co — AI Mania Keeps Tech Rally Alive Even as Yields Hit 24-Year Highs
   2. www.briefs.co — Cross-Asset Trades Gain Steam as Yields Jump and Volatility Stays Quiet
   3. mezha.net — Bond Yields Surge as Oil Tops $100 and Middle East Tensions Rattle Markets
   confidence 90%
4. 32d ago

   TSX Set to Snap Losing Streak as Weak US Jobs Data Dents Rate Hike Odds

   Canada's main stock index advanced and headed toward breaking a four-day losing streak following the release of a weaker-than-expected United States jobs report. The softer employment data reduced market expectations regarding the Federal Reserve raising interest rates later in the month. Meanwhile, futures climbed while bond yields and oil prices declined ahead of key labor market indicators. This market reaction contrasts with previous trends where rising bond yields and central bank tightening expectations weighed on global equities, demonstrating how sensitive current valuations remain to incoming employment data.

   Why it matters

   Global financial markets have experienced heavy volatility driven by shifting central bank policies and climbing bond yields. Recent trading sessions saw equities struggle against bond market pressures, though artificial intelligence optimism and falling oil prices previously helped cushion the blow. The latest employment figures alter the immediate narrative by cooling concerns over aggressive monetary tightening.

   What is confirmed

   • Canada's main stock index rose on Friday and was on track to snap a four-day losing streak.
   • The TSX Composite increased by 0.99% and the TSX Venture gained 0.20%.

   Still unconfirmed

   • Futures rose while yields and oil dropped ahead of a key jobs report according to ZeroHedge reporting.

   What to watch next

   • Federal Reserve policy decisions later this month regarding interest rates
   • Subsequent labor market data releases and their impact on central bank expectations
   Sources used for this update (2)

   1. www.zerohedge.com — Futures Rise, Yields and Oil Drop Ahead Of Key Jobs Report | ZeroHedge
   2. www.marketscreener.com — TSX set to snap four-day slide as weak US jobs data dents Fed hike odds
   confidence 85%
5. 34d ago

   Global Stocks Rebound as Lower Oil Prices Ease Inflation Fears

   Global stocks advanced as declining oil prices helped ease inflation fears despite rising bond yields and central bank rate hike expectations. Artificial intelligence optimism also supported the market recovery, helping equities weather the ongoing bond storm. Meanwhile, stock futures remained little changed as the Dow headed toward its fourth consecutive losing week, and bond yields continued to climb. In international trading, Indian shares moved higher as a broad sector rebound lifted sentiment following a recent two-day selloff.

   Why it matters

   Financial markets have faced heavy pressure recently from surging Treasury yields, climbing oil prices, and central bank monetary tightening expectations. Previous sessions saw global stocks tumble to a one-week low alongside steep declines on Wall Street as energy costs escalated. Relief arrived as crude prices eased, providing temporary calm to debt markets.

   What is confirmed

   • Global stocks gained as artificial intelligence optimism and lower oil prices eased inflation fears.
   • Bond yields continued their climb on Thursday while the Nasdaq and S&P 500 were flat.

   Still unconfirmed

   • Washington and Tehran are negotiating a phased deal that is causing oil prices to drop and easing treasury pressure.

   What to watch next

   • Further movements in Treasury bond yields and their effect on major equity indexes
   • Developments in crude oil prices and inflation indicators
   • Central bank rate decisions and policy outlooks
   Sources used for this update (5)

   1. www.cnbc.com — Stock futures are little changed as Dow heads for fourth straight losing week: Live updates
   2. www.straitstimes.com — Stocks weather bond storm on lower oil prices
   3. www.interactivebrokers.com — Markets Rebound as Easing Crude Curbs Treasury Pressure: Sept. 25, 2026
   4. economictimes.indiatimes.com — Sensex Today | Nifty 50 | Stock Market Live Updates: Sensex gains over 100 pts, Nifty below 22,700; media index rallies, healthcare drops
   5. www.thehindubusinessline.com — Stock Market Today Highlights: Stock markets fall for 3rd day; Nifty down 96 points, Sensex slips to 72,4....
   confidence 90%
6. 36d ago

   Global Stocks Drop as Treasury Yields and Oil Prices Rise

   Wall Street closed lower on Monday as surging Treasury yields and climbing oil prices weighed heavily on investor sentiment, sending major indexes down. The Dow Jones Industrial Average fell 346.90 points to 51,481.51, the S&P 500 dropped 59.48 points to 7,683.69, and the Nasdaq Composite declined 248.34 points to 26,820.38. Global stocks dropped to a one-week low as Brent crude rose for a second consecutive day, according to reports from Caroline Valetkevitch and Amanda Cooper.

   Why it matters

   Rising Treasury yields and expanding oil prices continue to put pressure on global financial markets, impacting stocks worldwide and pushing global government bond yields toward the 4 percent threshold. Economic data and inflation concerns are driving these higher borrowing costs, while geopolitical tensions involving Iran also weigh on market sentiment. Traders are positioning themselves ahead of upcoming Federal Reserve rate decisions and crucial inflation data.

   What is confirmed

   • The Dow Jones Industrial Average fell 346.90 points, or 0.67%, to 51,481.51 on Monday.
   • The S&P 500 dropped 59.48 points, or 0.77%, to 7,683.69.
   • The Nasdaq Composite declined 248.34 points, or 0.92%, to 26,820.38.
   • Global government bond yields are near 4 percent, driven by economic data and inflation.

   Still unconfirmed

   • Traders are adding to bets on more Federal Reserve rate hikes ahead of Wednesday's PCE inflation data.

   What to watch next

   • Wednesday's PCE inflation data release
   • Federal Reserve interest rate decisions
   • Further movements in global government bond yields and oil prices
   Sources used for this update (5)

   1. finance.yahoo.com — Stocks cautious in Asia as oil gains, yields rise
   2. www.straitstimes.com — Global government bond yields on brink of 4%
   3. www.thehindubusinessline.com — Stock Market Today Live: Sensex down 655 pts, Nifty holds 22,575 as crude hits $107 - The HinduBusinessLi....
   4. irvinejournal.com — Stock - US Stock Market Recap – September 28, 2026: Dow, S&P 500, Nasdaq Fall as Iran Tensions and Trea....
   5. www.coindesk.com — BTC, ETH price news: Bitcoin slips to $83,000 as ZEC drops 12% and oil climbs again
   confidence 100%
7. 37d ago

   Tech Stocks Climb as Treasury Yields Rise

   US tech stocks rose despite increasing Treasury yields. The Dow Jones Industrial Average climbed 438 points on Friday, while the S&P 500 and Nasdaq composite gained 0.4%. In Europe, the Stoxx Europe 600 increased by 0.6%. This growth follows a period of market volatility driven by rising yields and oil prices.

   Why it matters

   The recent market fluctuations have been influenced by factors such as AI fervor, rising yields, and geopolitical tensions. Hedge funds have been favoring dispersion trades due to these divergent stock moves. The market is also awaiting the impact of the Fed's rate hike on various sectors.

   What is confirmed

   • Nasdaq swung billions as AI fear shifted to Muse-driven optimism, propelling mega-cap tech and semiconductors while some service firms lagged.
   • Hedge funds favor dispersion trades as AI fervor, rising yields and geopolitical shocks drive divergent stock moves.
   • Bank stocks fell 8.4% after the Fed's September 2026 rate hike to 3.75%-4%, despite RBC estimating a $1.3B net interest revenue boost for Wells Fargo.
   • The Kospi is approaching 7,000 ahead of Chuseok, with historical post-holiday gains, foreign buying and semiconductor earnings seen as key drivers for Korea’s stock market.

   Still unconfirmed

   • Negotiations between the U.S. and Iran

   What to watch next

   • US stock market opening on Monday
   • semiconductor earnings reports
   • Fed's future rate hikes
   Sources used for this update (8)

   1. note.com — Japan Market Report September 27, 2026
   2. contents.premium.naver.com — 📬 미국 주식 데일리 종목 분석 (2026.09.25)
   3. www.briefs.co — Markets Whipsawed as AI Fears and AI Hype Swung Stocks
   4. www.briefs.co — Hedge Funds Are Betting On Dispersion As AI, Bonds And Wars Rattle Stocks
   5. startupfortune.com — Bank stocks are sinking even though the Fed just handed them a rate hike
   6. contents.premium.naver.com — 📬 미국 주식 데일리 종목 분석 (2026.09.22)
   7. www.koreajoongangdaily.com — Kospi nears 7,000 before Chuseok as semiconductor rally fuels outlook
   8. www.cnbctv18.com — Dow, Nasdaq slip at open as Treasury Yields near 5%; tech stocks under pressure - CNBC TV18
   confidence 80%
8. 39d ago

   US and European Stocks Rise as Oil Prices Retreat

   US and European equities climbed Friday as falling oil prices relieved pressure on Wall Street and stabilized bond markets. The Dow Jones Industrial Average rose 438 points, while the S&P 500 and Nasdaq composite both gained 0.4%. In Europe, the Stoxx Europe 600 rose 0.6% midday, positioning for its first weekly gain in four weeks. These gains followed a turbulent period where rising Treasury yields and crude costs drove a three-day losing streak for the S&P 500.

   Why it matters

   Investors are reacting to the volatility of Treasury yields, which recently hit multi-decade peaks. The shift reflects a struggle between inflation fears driven by oil and hopes for a cooldown in Federal Reserve tightening.

   What is confirmed

   • The Dow Jones Industrial Average rose 438 points on Friday.
   • The S&P 500 and Nasdaq composite each climbed 0.4% on Friday.
   • Brent oil prices dropped below $98.
   • The Stoxx Europe 600 rose 0.6% midday.

   Still unconfirmed

   • UBS shares jumped based on merger talk.
   • Brent oil fell to approximately $105 as US-Iran talks ease.
   • The MOVE Index jumped about 30% as Treasury yields reached multi-decade highs.

   What to watch next

   • Outcome of US-Iran talks regarding oil prices
   • Federal Reserve decisions on further interest rate tightening
   Sources used for this update (5)

   1. www.briefs.co — European Stocks Climb as Oil Slips and Yields Steady
   2. www.daytondailynews.com — US stocks are mixed after oil prices ease and bond yields rise
   3. finance.yahoo.com — U.S. Stock Futures Climb as Oil Drops, AI Optimism Returns
   4. norfolkdailynews.com — A reprieve from rising oil prices helps steady the US stock and bond markets
   5. www.briefs.co — Treasury volatility pops as yields hit multi decade peaks
   confidence 90%
9. 41d ago

   Stocks Slide as Treasury Yields and Oil Prices Surge

   Wall Street equities retreated as a bond market sell-off pushed Treasury yields to multi-year highs, raising concerns over potential Federal Reserve interest rate hikes. The Dow Jones Industrial Average dropped more than 300 points following Thursday's opening bell, while the S&P 500 and broader indexes faced downward pressure from rising crude oil prices. Despite the widespread equity slide, Meta gained ground following a product launch, and Oracle declared force majeure. Meanwhile, international markets reflected mixed movements, with Japanese stocks navigating a tug-of-war after a five-day holiday and US artificial intelligence shares seeing recent surges.

   Why it matters

   Rising bond yields create competing returns for investors, frequently pulling capital away from equities and depressing stock valuations. This latest market friction follows a period where artificial intelligence shares and strong tech rallies drove record closes on indices like the Nasdaq. Concurrently, broader economic headwinds including climbing oil prices and monetary policy concerns continue to test the resilience of global markets.

   What is confirmed

   • The Dow Jones Industrial Average dropped more than 300 points, with specific reports noting declines of 352 points.
   • Treasury yields surged to multi-year and 18-year highs.
   • US stocks and futures for the S&P 500 and Dow fell following the opening bell.
   • Oil prices and WTI crude rose, with WTI returning to the 90 dollar range.

   Still unconfirmed

   • Oracle declared force majeure.
   • Meta received a boost from its product launch on September 24, 2026.
   • Nikkei 225 futures briefly climbed to 67,140 yen and the dollar-yen pair weakened to the 158 yen level.

   What to watch next

   • Whether Treasury yields remain above 5 percent and continue to pressure major equity indices
   • Upcoming Federal Reserve announcements regarding potential interest rate hikes in response to surging yields
   • Further developments regarding Oracle's force majeure declaration and Meta's product launch impact
   Sources used for this update (5)

   1. coincentral.com — Stock Market Today: Dow Falls Over 300 Points As Treasury Yields Surge To Multi-Year Highs
   2. www.fool.com — Stock Market Midday, Sept. 24: Stocks Slide as Treasury Yields Climb, Oracle Declares Force Majeure
   3. note.com — Japanese Stock Market Trends (Thursday, September 24, 2026) | Nikkei 225 Battles at 66,000 Yen After 5-Day Holiday, Amidst a Three-Way Tug-of-War Between Semicon…
   4. coinpaper.com — Stock Market Today: S&P 500 & DJI Futures Fall, Oil and Bond Yields Rise
   5. www.mercurynews.com — US stocks slip after the bond market keeps up the pressure and oil prices rise
   confidence 90%
10. 42d ago

    Nasdaq Hits Second Consecutive Record Close as AI Trade Offsets Dow

    The Nasdaq rose 0.5% to close at 27,244 on Tuesday, marking its second straight record close. Strength in AI-related shares drove this growth, which helped offset weakness in the Dow. While US tech stocks rallied, Indian markets including the Sensex and Nifty traded cautiously higher on Wednesday. This cautiousness stems from elevated bond yields and foreign portfolio investor outflows. Overall US markets finished mixed on Tuesday as the AI trade remained a primary driver of growth.

    Why it matters

    Investors are weighing strong artificial intelligence demand against macroeconomic pressures. Rising bond yields and geopolitical instability in the Middle East continue to create volatility. Market attention remains on a scheduled summit between Donald Trump and Xi Jinping.

    What is confirmed

    • The Nasdaq rose 0.5% to close at 27,244 on Tuesday.
    • The Nasdaq marked its second straight record close.
    • AI-related shares helped offset weakness in the Dow.
    • Sensex and Nifty traded cautiously higher on 23 September 2026.

    Still unconfirmed

    • Foreign portfolio investor outflows and elevated bond yields are driving cautious trading in Indian markets.

    What to watch next

    • Outcomes of the summit between Donald Trump and Xi Jinping
    • Further movements in US Treasury yields
    • Performance of AI-related shares in subsequent trading sessions
    Sources used for this update (4)

    1. www.thehindubusinessline.com — Sensex today | Stock Market Live: Sensex, Nifty trade cautiously higher amid FPI outflows and elevated bond yields
    2. economictimes.indiatimes.com — US stock market rally explained: Why did Nasdaq climb 2% to close at a fresh record high?
    3. finance.yahoo.com — MARKETS LIVE: Nasdaq extends record run as AI trade offsets Dow weakness
    4. www.briefs.co — Builders Lean On FHA Loans as affordability tightens and the market cools
    confidence 90%
11. 43d ago

    US and UK Indexes Rise as Oil Prices Retreat

    The Dow, S&P 500, and Nasdaq rose on Monday alongside UK indexes as falling oil prices boosted markets. In the UK, banks, mining, and airline stocks led the gains while energy shares fell. Indian markets also saw growth, with the Sensex rising 564 points and the Nifty closing at 23,414. Despite these gains, investors remain cautious due to rising bond yields, AI concerns, and geopolitical instability in the Middle East. Market participants are now focusing on an upcoming summit between Donald Trump and Xi Jinping.

    Why it matters

    This rally follows a period of high volatility where the Dow suffered its worst six-month stretch. Investors are balancing tech growth against the possibility of a new Federal Reserve rate-hiking cycle.

    What is confirmed

    • The Dow, S&P 500, and Nasdaq rose as oil prices fell.
    • UK stock indexes climbed as oil prices retreated.
    • The Sensex rose 564 points and the Nifty closed at 23,414 on September 21, 2026.

    Still unconfirmed

    • Investors are anticipating a summit between Donald Trump and Xi Jinping.
    • Bank, mining, and airline stocks advanced in the UK while energy shares declined.

    What to watch next

    • Outcomes of the Trump-Xi summit
    • Federal Reserve decisions on rate-hiking cycles
    • Middle East geopolitical developments
    Sources used for this update (4)

    1. www.investors.com — Stock Market Today | Investor's Business Daily
    2. www.thehindubusinessline.com — Sensex today | Stock Market Highlights: Sensex rises 564 pts, Nifty closes at 23,414; Rupee ends at 95.81 in subdued trade
    3. finance.yahoo.com — Stock market today: Dow, S&P 500, Nasdaq rise as oil falls, anticipation builds for Trump-Xi summit
    4. www.globalbankingandfinance.com — UK indexes climb as oil prices retreat, banks lead gains
    confidence 90%
12. 45d ago

    Tech Stocks Extend Rally as Treasury Yields Rise

    The Dow, S&P 500, and Nasdaq are positioned for gains as technology stocks continue their rally and oil prices decline. Despite this, Wall Street expects a tepid open because Treasury yields are edging higher. Asian markets have already seen mostly positive movement following a US rally. This activity follows a volatile week where the Dow experienced its worst six-month period and investors weighed the possibility of a new Federal Reserve rate-hiking cycle alongside concerns regarding AI safety.

    Why it matters

    Rising Treasury yields typically pressure equity valuations, but tech stocks are currently resisting this trend. Bank of America has labeled current US bond levels a "generational entry point," while other analysts point to reckless borrowing in wealthy nations.

    What is confirmed

    • The Dow, S&P 500, and Nasdaq are set to rise as tech stocks extend their rally.
    • Treasury yields are increasing.
    • Oil prices are easing.
    • Asian shares mostly rose following a US rally and lower oil prices.

    Still unconfirmed

    • Markets are reacting to reckless borrowing in the rich world.

    What to watch next

    • Federal Reserve decisions on a potential new rate-hiking cycle
    • Further movement in 10-year Treasury yields
    • Developments in AI safety debates affecting tech valuations
    Sources used for this update (12)

    1. The Economist — Markets are waking up to the rich world’s reckless borrowing
    2. MarketWatch — The 10-year Treasury is having its worst run in over 100 years. Why investors are buying bonds anyway.
    3. CNBC — Stock futures are little changed after Thursday's post-Fed bounce: Live updates
    4. AP News — Asian shares mostly rise, cheered by a US rally and easing oil prices
    5. MarketWatch — Stock Market Today: Dow, S&P 500 and Nasdaq set to rise as oil price ease, tech stocks extend rally
    6. WSJ — Stock Market Today: Dow Futures Steady, Tech Rally Continues— Live Updates
    7. Reuters — Wall St set for tepid open as oil prices fall, Treasury yields rise
    8. CNBC — Treasury yields edge higher as volatile week wraps up
    9. Yahoo Finance — Bank of America Just Declared a ‘Generational Entry Point’ in U.S. Bonds. Why Investors Should Be Backing Up the Truck on Treasuries Here.
    10. finance.yahoo.com — Dow Drops To Record Worst Week In Six Months Amid Elevated Yields, Oil — NVDA, TSLA, SPCX, ONON In Focus
    11. www.cnbc.com — Higher interest rates and AI safety fears put the stock market to the test last week
    12. 247wallst.com — Solana Rose 10% and Bitcoin 5%: Is the Rotation Into Altcoins Starting?
    confidence 85%