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2026-09-24

Stocks slip as 10-year yield jumps on Iran war jitters

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 TechnologyNVDA-0.4%AAPL-0.3%MSFT-0.5%AVGO-1.3%MU+0.8%AMD+2.4%INTC+3.9%PLTR+0.4%CSCO+0.5%ORCL-3.5%AMAT-0.0%LRCX-0.0%DELL-2.5%PANW-0.9%CRWD-1.1%ANET+1.1%TXN-0.7%KLAC-0.4%MRVL-0.8%SNDK-3.5%SHOP+2.0%APH+1.1%IBM-2.5%ADI-0.7%CRM+0.3%QCOM-1.5%WDC-4.9%STX-1.9%NOWFTNTGLW-0.2%ACN-3.3%DDOG+2.2%LITE-0.8%SNPS+2.9%HPE+1.9%CDNSADBEINTUMSIMPWRKEYSMSTRCIENTELTERMCHPWDAYROPJBLZoom into Communication ServicesCommunication ServicesGOOGL+1.3%GOOG+1.2%META+4.5%NFLX+0.5%DIS+2.0%VZ+1.7%TMUS-0.2%TAPPCMCSALYVTTWOTKORDDTECHOFOXAFOXOMCNWSZoom into FinancialsFinancialsBRK.BJPMVMABACMSGSWFCCAXPZoom into IndustrialsIndustrialsSPCX-0.2%Zoom into Consumer DiscretionaryConsumer DiscretionaryAMZN+0.0%TSLA-0.6%HD-1.5%MCDTJXSBUXABNBMELIMARDASHZoom into Health CareHealth CareLLY+2.7%JNJ+0.6%ABBVMRKUNHTMOZoom into Consumer StaplesConsumer StaplesWMT-2.7%COSTKOZoom into EnergyEnergyXOM+0.6%CVXZoom into UtilitiesUtilitiesZoom into Real EstateReal EstateZoom into MaterialsMaterials
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Market Summary

Market & SentimentMajor indexes closed slightly lower, with the Dow down 0.31% and the S&P 500 off 0.08%. Breadth was weak: 318 decliners versus 170 advancers, and only 27.2% of stocks above their 50-day average. New lows outnumbered highs 47 to 15. Investors focused on the US-Iran war and rising yields, keeping sentiment cautious.

Sectors & StocksCommunication services led with a 1.66% gain, helped by Meta's 4.5% jump on its AI agent Muse. Health care rose 0.68% as Moderna surged 6.98% and Merck reported positive trial data. Energy added 0.44% as oil jumped 4% on Houthi attacks on Saudi Arabia. Consumer staples and materials lagged, each down over 1%. Western Digital fell 4.94%, FedEx 4.1%, and UPS 3.93% after a Bank of America downgrade.

Rates, FX & CryptoThe 10-year Treasury yield climbed 7 basis points to 5.18%, and the 30-year also rose 7bp to 5.47%, as inflation fears and oil's surge kept markets on edge. The 2s10s spread stood at 31bp. The dollar strengthened: EUR/USD fell 0.39% and USD/CNY rose 0.08%. Bitcoin slipped 0.14% to $84,386, while Ether edged up 0.04%.

Earnings & AnnouncementsCostco reported Q4 revenue of $95.72 billion with 9.4% comparable sales growth, but membership revenue missed estimates. Oracle plunged 3.47% after a force majeure notice on its New Mexico Stargate data center threatened its 2028 target. MGM Resorts sank 9% after Barry Diller's People Inc. rescinded its takeover offer. No FinDog view changes today.

What to Watch Next Trading Day
  • Micron earnings and any Iran-Hormuz developments
  • Fed speakers and Treasury yield moves
  • Oil prices after Houthi attacks on Saudi Arabia
Top News
  1. US and Iran discuss phased deal to reopen Hormuz
    The talks aim to end the US blockade and restore shipping through the Strait of Hormuz, a key oil chokepoint. Progress could ease energy prices and inflation pressure.
    Reuters09-24 17:20 UTC
  2. Oil jumps 4% as Houthis fire missiles at Saudi Arabia
    Attacks on Saudi Aramco facilities in Yanbu and Riyadh raised supply concerns. Higher oil prices feed inflation and complicate the Fed's rate path.
    Reuters09-24 01:17 UTC
  3. New York Fed's Williams sees another rate hike by year-end
    Williams said it is reasonable to expect further tightening to tame inflation. The comment reinforced expectations of higher rates, pressuring stocks and bonds.
    CNBC09-24 09:06 UTC
  4. Philadelphia Fed's Paulson favors modest rate moves ahead
    Paulson indicated she and colleagues may need to raise rates further to bring inflation back to target. The remarks added to the hawkish tone from Fed officials.
    CNBC09-24 14:14 UTC
  5. Rapid rate rise historically precedes financial accidents
    The 10-year yield is spiking to multi-year highs, which history suggests can trigger financial calamities. The warning highlights risks from the bond rout.
    CNBC09-24 20:57 UTC
  6. MGM Resorts falls 9% after takeover offer rescinded
    Barry Diller's People Inc. withdrew its bid for the remaining public shares of MGM Resorts. The stock sank on the news, reflecting lost deal premium.
    MGMCNBC09-24 14:59 UTC
  7. Oracle sends force majeure notice on New Mexico data center
    The notice allows Oracle to delay payments if the Stargate facility misses its 2028 online target. Oracle shares dropped 3.47% on the news.
    ORCLYahoo09-24 18:11 UTC
  8. Costco Q4 results in line; membership revenue misses
    Costco reported $95.72B revenue and 9.4% comparable sales growth, but membership revenue fell short. The mixed report drew little market reaction.
    COSTChartMill09-24 20:50 UTC
  9. New York sues Polymarket over gambling laws
    The state attorney general claims Polymarket violated gambling laws, two months after suing Kalshi. The action signals tighter scrutiny of prediction markets.
    CNBC09-24 16:37 UTC
  10. US and India discuss Russia sanctions bill
    Top diplomats talked about the Russia sanctions bill signed by Trump. The talks could affect energy and defense trade flows, with market implications.
    Reuters09-24 03:51 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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