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2026-09-15

Stocks Slide as 10-Year Yield Hits 5% Before Fed Decision

Stock Heatmap
Size = market cap (square-root scaled within sectors) · Color = day's change · Click a sector name to zoom, a tile to open the stock
Zoom into Information TechnologyInformation TechnologyAAPL-0.5%NVDA+0.6%MSFT-1.6%AVGO-1.6%MU+0.4%AMD+2.2%PLTR-0.4%CSCO+0.0%ORCL-3.1%INTC-0.1%AMAT-0.7%PANW+0.3%LRCX-1.0%TXN+0.0%DELL+1.7%CRWD+3.0%IBM-0.3%ANET+2.7%KLAC-0.6%SHOP-3.0%ADI+0.1%APH-1.1%CRM-1.5%QCOM+4.3%MRVLSNDKACNSTXWDCNOW-0.3%GLW-0.0%FTNTADBEINTUCDNSSNPSDDOGMSILITEHPENXPITELMPWRMSTRKEYSADSKWDAYROPCIENGDDYITAKAMZoom into Communication ServicesCommunication ServicesGOOGL-1.3%GOOG-1.2%META+0.7%NFLX-3.0%DIS-2.0%VZ+0.3%TMUS-1.3%TCMCSAAPPLYVTTWONWSSKYDZoom into FinancialsFinancialsBRK.B+0.3%JPM+0.7%V+0.1%MA-0.2%BAC+0.1%MSGSWFCAXPCBLKZoom into IndustrialsIndustrialsSPCX-3.1%Zoom into Health CareHealth CareLLY-0.2%JNJ+0.3%ABBVMRKUNHTMOAMGNGILDABTPFEZoom into Consumer DiscretionaryConsumer DiscretionaryAMZN-2.0%TSLA-0.7%HD-1.7%MCDTJXLOWRCLHLTDASHCVNAGMROSTORLYZoom into Consumer StaplesConsumer StaplesWMT-0.9%COSTKOPGPMPEPZoom into EnergyEnergyXOM+2.6%CVXCOPZoom into UtilitiesUtilitiesZoom into Real EstateReal EstateZoom into MaterialsMaterials
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Market Summary

Market & SentimentRisk appetite cooled into the Fed, with the Russell 2000 down 0.96% and the Nasdaq 100 off 0.65%. Breadth was weak: 340 decliners against 149 advancers, only 35.2% of stocks above their 50-day average, and 29 new lows versus 15 highs. Traders price a 92% chance of a hike on Wednesday, per CNBC's survey.

Sectors & StocksEnergy led, up 2.26%, as tanker rates topped $1 million a day and Chevron and Exxon gained on supply fears; Valero and Marathon Petroleum rose over 3.6%. Consumer discretionary lagged at -1.7%, with Carvana down 5.6% and Amazon off 2.09%. Qualcomm jumped 4.25% on data-center leverage, while Seagate and Western Digital fell over 3.5%.

Rates, FX & CryptoThe 10-year yield rose 3bp to 5.00%, its highest since 2007, flattening the 2s10s spread to 33bp. The dollar firmed as oil climbed and hike odds hardened: USD/CNY edged up 0.05% to 6.7115, a slightly weaker yuan, while EUR/USD slipped 0.1%. CoinEx, a Hong Kong-based crypto exchange, said it will shut down.

Earnings & AnnouncementsMicrosoft raised its quarterly dividend 8% to $0.98. D.R. Horton added a $5 billion buyback authorization, and News Corp disclosed progress on its $1 billion repurchase. Otis CEO Judith Marks will retire in 2027. Exxon won approval for its Texas Rose carbon-capture project. FedEx and Lennar report Wednesday.

What to Watch Next Trading Day
  • Fed rate decision and Powell press conference
  • FedEx and Lennar earnings
  • 10-year yield reaction to Fed
  • Oil and Hormuz shipping headlines
Top News
  1. 10-Year Treasury Yield Hits Highest Since 2007
    Bonds slumped as the 10-year yield reached 5.00%, pressuring equity valuations and raising borrowing costs ahead of the Fed's rate decision.
    Reuters09-15 01:44 UTC
  2. CNBC Survey: Fed to Hike at Least Twice in Coming Year
    Respondents expect two hikes over the next year, citing higher oil and broader inflation. The shift raises the risk of tighter policy than markets had assumed.
    CNBC09-15 11:10 UTC
  3. Oil Tanker Rates Top $1 Million a Day on Hormuz Shortage
    The Iran war has left too few ships willing to cross the Strait of Hormuz, driving benchmark tanker costs above $1 million daily and adding to global energy supply risk.
    Bloomberg09-15 02:36 UTC
  4. Hormuz Traffic Dwindles as Middle East Attacks Intensify
    Shipping through the Strait of Hormuz is falling as attacks escalate, threatening oil flows and global trade routes and keeping energy markets on edge.
    Reuters09-15 02:59 UTC
  5. Bessent to Meet China's He Lifeng This Weekend
    The US Treasury Secretary will meet his Chinese counterpart, a sign of continued economic dialogue amid trade tensions and a focus on currency and tariff issues.
    Reuters09-15 16:52 UTC
  6. AWS Unable to Restore Bahrain, UAE Cloud Zones After War Damage
    Amazon's cloud unit cannot restore access to two Middle East data zones damaged by war, highlighting infrastructure risk for regional operations and enterprise customers.
    AMZNReuters09-15 11:58 UTC
  7. Robinhood Engineers Charged in Crypto Insider Trading Case
    The Justice Department charged two Robinhood engineers over an alleged insider trading scheme involving crypto futures, a regulatory and reputational risk for the brokerage.
    HOODBenzinga09-16 00:46 UTC
  8. Microsoft Raises Quarterly Dividend 8% to $0.98
    Microsoft's board declared a quarterly dividend of $0.98 per share, up 8%, payable December 10, signaling continued cash generation and shareholder returns.
    MSFTYahoo09-15 22:05 UTC
  9. Hong Kong Crypto Exchange CoinEx to Shut Down
    CoinEx said it will close, adding to consolidation pressure in crypto trading venues and potentially affecting market liquidity and confidence.
    Reuters09-15 17:33 UTC
  10. US Sanctions Russia's VTB Bank Over Alleged Iran Ties
    New US sanctions on VTB Bank over alleged Iran links escalate geopolitical tensions and could complicate global banking and energy trade flows.
    Reuters09-14 21:12 UTC

Stories are selected and summarized by AI from the day's news coverage. Click a headline to read the original. Not investment advice.

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