Stories
US Stocks Slide as Bond Yields Soar and Oil Prices Surge
N
News18•24-09-2026, 19:45
US Stocks Slide as Bond Yields Soar and Oil Prices Surge
- •US stocks fell for a third consecutive day, with the S&P 500 slipping 0.4% and the Dow Jones Industrial Average down 0.2%.
- •Rising bond yields, with the 10-year Treasury briefly nearing 5.15%, are making borrowing more expensive and undercutting stock prices.
- •Oil prices surged, with Brent crude reaching $99.88 per barrel, pushing average gasoline prices to $4.48 per gallon.
- •Strong US economic data, including robust business activity and low unemployment claims, suggests the Federal Reserve may continue interest rate hikes.
- •Despite overall economic strength, some companies like Stitch Fix reported cautious outlooks, and high bond yields particularly impact AI stocks like Nvidia.
Key Questions Answered
US stocks are falling due to continued pressure from the bond market, where higher yields make borrowing more expensive, alongside rising oil prices and ongoing concerns about inflation.
The yield on the 10-year Treasury briefly neared 5.15 per cent Thursday morning before pulling back to 5.09 per cent, roughly returning to its 2007 levels.
The price for a barrel of Brent crude rose to USD 99.88, pushing the average price for a gallon of regular gasoline up to USD 4.48 from less than USD 4.10 a month ago.
