Stocks fall as higher oil prices, Treasury yields weigh
US stock indices including the Dow, S&P 500, and Nasdaq fell on Monday, September 28, 2026, pressured by surging Treasury yields and rising oil prices. Gold and silver prices dropped sharply, with gold hitting a seven-week low as investors bet on higher Federal Reserve interest rates. Market volatility is driven by resurfacing US-Iran tensions and AI safety concerns. Internationally, South Korea's KOSPI dropped below 7,000 as foreign investors sold semiconductor shares amid the high US yield environment.
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- β The Dow, S&P 500, and Nasdaq declined on Monday, September 28, 2026.
- β Gold prices fell to a seven-week low.
- β Treasury yields increased, weighing on stocks and precious metals.
- β Oil prices rose amid geopolitical tensions.
What changed
South Korean semiconductor shares slid and gold hit a seven-week low as Treasury yields surged.
Live updates
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US Stocks and Precious Metals Decline as Yields and Oil Rise
US stock indices including the Dow, S&P 500, and Nasdaq fell on Monday, September 28, 2026, pressured by surging Treasury yields and rising oil prices. Gold and silver prices dropped sharply, with gold hitting a seven-week low as investors bet on higher Federal Reserve interest rates. Market volatility is driven by resurfacing US-Iran tensions and AI safety concerns. Internationally, South Korea's KOSPI dropped below 7,000 as foreign investors sold semiconductor shares amid the high US yield environment.
Why it matters
Higher bond yields typically make non-yielding assets like gold less attractive and increase borrowing costs for companies. The current volatility reflects a combination of geopolitical instability in the Middle East and shifting expectations for US monetary policy.
What is confirmed
- The Dow, S&P 500, and Nasdaq declined on Monday, September 28, 2026.
- Gold prices fell to a seven-week low.
- Treasury yields increased, weighing on stocks and precious metals.
- Oil prices rose amid geopolitical tensions.
- The South Korean KOSPI fell below 7,000 as of 10:56 a.m. on September 28.
Still unconfirmed
- AI safety concerns contributed to the market slip.
What to watch next
- Upcoming US economic data releases
- Outcomes of the meeting between tech CEOs and Donald Trump
confidence 95%Sources used for this update (40)
- CNBC β Stock futures slip after winning week on Wall Street: Live updates
- Yahoo Finance β Stock market today: Dow, S&P 500, Nasdaq slip as AI safety concerns and US-Iran tensions resurface
- CNBC β Gold and silver prices fall sharply as higher bond yields weigh on metals
- wsj.com β Gold Falls to Seven-Week Low as Rate-Hike Bets Rise
- NBC News β Stocks fall, oil rises and bond yields surge as geopolitics keeps markets on edge
- www.ajupress.com β KOSPI drops below 7,000 as chip shares slide, U.S. yields stay high | Aju Press
- Reuters β Gold's lustre dims as Treasury yields surge, markets bet on higher Fed rates
- Investor's Business Daily β Dow Jones Futures: Trump Sparks Stock Market Losses; Elon Musk-Led SpaceX, Tesla In Focus
- economictimes.indiatimes.com β US stocks: US market falls as higher oil prices, Treasury yields weigh
- Reuters β Stocks fall as higher oil prices, Treasury yields weigh
- Bloomberg.com β US Stocks Decline as Middle East Stalemate Pushes Oil Higher
- CNBC β Stock futures are little changed after higher yields lead to losing session: Live updates
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