{"id":5995,"date":"2026-09-10T00:49:20","date_gmt":"2026-09-10T00:49:20","guid":{"rendered":"https:\/\/thecapitalharbor.com\/index.php\/2026\/09\/10\/dow-falls-400-pts-as-oil-tops-100-and-treasury-yields-hit-2023-high\/"},"modified":"2026-09-10T00:49:20","modified_gmt":"2026-09-10T00:49:20","slug":"dow-falls-400-pts-as-oil-tops-100-and-treasury-yields-hit-2023-high","status":"publish","type":"post","link":"https:\/\/thecapitalharbor.com\/index.php\/2026\/09\/10\/dow-falls-400-pts-as-oil-tops-100-and-treasury-yields-hit-2023-high\/","title":{"rendered":"Dow falls 400 pts as oil tops $100 and treasury yields hit 2023 high"},"content":{"rendered":"
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US stocks fell for a third straight session on Wednesday as rising oil prices and Treasury yields added to investor concerns over inflation and the Federal Reserve\u2019s interest-rate path.<\/p>\n

The Dow Jones Industrial Average dropped 405.41 points, or 0.77%, to 52,380.66. <\/p>\n

The S&P 500 fell 0.48% to 7,636.36, while the Nasdaq Composite declined 0.64% to 26,253.34.<\/p>\n

Treasury yields climb after debt buyback announcement<\/h2>\n

Treasury yields rose after the US Treasury Department said it would buy back up to $6 billion of longer-dated government debt, tripling the size of its normal operation. <\/p>\n

The announcement followed a decision last month to at least double the level of government debt buybacks.<\/p>\n

The benchmark 10-year Treasury yield climbed to 4.857%, its highest level since November 2023. The yield had briefly moved above 4.8% on Tuesday as higher oil prices intensified inflation concerns.<\/p>\n

The rise in yields came despite the larger buyback plan, with some investors having expected an even bigger operation. <\/p>\n

Analysts cited expectations for purchases of as much as $7 billion to $8 billion, while some estimates had been as high as $8 billion to $10 billion.<\/p>\n

Higher yields on government bonds can make equities less attractive by increasing the return available from relatively low-risk assets.<\/p>\n

The market is also awaiting key inflation data later this week. <\/p>\n

The Producer Price Index is due Thursday, followed by the Consumer Price Index on Friday. Traders are pricing in a roughly 60% chance that the Federal Reserve will raise interest rates at its meeting next week.<\/p>\n

Oil rises above $100 as Middle East tensions escalate<\/h2>\n

Oil prices added to the pressure on stocks as concerns over disruptions to Middle East energy supplies intensified amid rising tensions between the US and Iran.<\/p>\n

Brent crude futures settled 3.36% higher at $101.21 a barrel, while West Texas Intermediate futures gained 3.25% to $96.05. Both benchmarks recorded their highest settlements since May.<\/p>\n

The latest gains extend oil\u2019s advance from Tuesday, when higher crude prices also weighed on US equities. <\/p>\n

Concerns over global oil supplies have increased as the conflict involving the US, Israel and Iran enters its seventh month, raising fears of a broader regional escalation.<\/p>\n

The S&P 500 energy sector was the only sector index to rise on Wednesday, while the other sector indexes declined.<\/p>\n

Meta gains while Alphabet and Dow fall<\/h2>\n

Some individual stocks moved against the broader market trend. Meta shares rose<\/a> after the social media company launched an AI assistant capable of carrying out tasks such as sending emails, selling a car and making travel bookings.<\/p>\n

Alphabet shares declined after the Google parent announced plans to invest at least $15.1 billion in AI infrastructure in Finland over the next two years, including a major nuclear power supply agreement.<\/p>\n

The Philadelphia Semiconductor Index also gained, with Advanced Micro Devices among the stocks advancing.<\/p>\n

Shares of Dow fell after a Bloomberg News report said the chemicals company was considering exiting its $20 billion partnership with Saudi Aramco.<\/p>\n

The S&P 500 ended about 2% below its Aug. 13 record close but remained roughly 12% higher for 2026. <\/p>\n

With oil prices above $100 and Treasury yields near their highest levels in almost three years, investors are now focused on inflation data for signals about the Fed\u2019s next move.<\/p>\n

The post Dow falls 400 pts as oil tops $100 and treasury yields hit 2023 high<\/a> appeared first on Invezz<\/a><\/p>\n

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