Stocks Edge Higher at Midday as Treasury Yields Rise and Dollar Hits 18-Month High
Hyperdash NewsMacroUS stocks traded higher at midday, with the S&P 500 up +0.52% and the Nasdaq advancing +0.77%, as Treasury yields rose ahead of this week's Fed minutes. The dollar climbed to an 18-month high and volatility jumped, with the VIX up +1.76%.
Scoreboard
- S&P 500 7,763 (+0.52%)
- Euro Stoxx 50 6,237 (-0.03%)
- Nikkei 225 69,947 (+2.40%)
- Gold 4,167 (+0.10%)
- WTI 90.74 (-0.41%)
- US 10Y 5.324% (+5bp)
- DXY 102.1930 (+0.26%)
- Bitcoin 85,317 (-0.02%)
- VIX 15.58 (+1.76%)
- DE 10Y 3.491% (+0bp)
Treasury yields rose to start the week, with the US 10Y up +5bp, as traders positioned for Wednesday's Fed minutes. The dollar extended gains, the DXY rising +0.26% to an 18-month high, while German yields held flat at 3.491%. Intel shares fell after Elon Musk hinted at an additional partner for its chip venture, and Cerebras jumped after Sam Altman called the chipmaker a close partner. Amazon posted record Thanksgiving-week sales, lifting the retailer. A report on changes to Russia's nuclear doctrine under Vladimir Putin weighed on futures and yields earlier, and the VIX jumped +1.76%.
Key headlines
- SpaceX’s stock could actually be a bargain, according to this metric
- Treasury yields rise to start the week; traders look ahead to Fed minutes
- Intel’s stock drops after Musk hints at an additional partner for big chip venture
- Nvidia's $6 trillion milestone looms. Here's when options traders see it happening
The takeaway
The dollar's climb to an 18-month high, with the DXY up +0.26%, came alongside rising Treasury yields and a jump in the VIX. The combination of a firmer dollar, higher yields and elevated volatility marks a shift from the calmer tone that prevailed into the holiday week.
Attention turns to Wednesday's Fed minutes for signals on the rate path. Traders will watch whether the dollar holds its 18-month high and whether equities sustain midday gains into the afternoon. The durability of Amazon's record holiday sales and further headlines on Intel's chip venture and Russia's nuclear doctrine remain in focus.
View the S&P 500 chart and data on Hyperdash
Frequently asked questions: October 5, 2026
What happened in the markets today?
US stocks traded higher at midday, with the S&P 500 up +0.52% and the Nasdaq up +0.77%, while Treasury yields rose and the dollar hit an 18-month high. The VIX jumped +1.76%.
Did the stock market go up or down today?
US stocks were higher at midday. The S&P 500 rose +0.52% and the Nasdaq gained +0.77%, though European shares lagged, with the Euro Stoxx 50 down -0.03%.
Why did markets move today?
Markets were driven by rising Treasury yields ahead of the Fed minutes, a dollar at an 18-month high, and strength in technology and retail. A report on Russia's nuclear doctrine under Putin weighed on futures and yields earlier.
How did the S&P 500 do today?
The S&P 500 edged higher at midday, up +0.52% to 7,763, supported by large-cap technology and retail even as Treasury yields rose and volatility climbed.
What did the dollar and Treasury yields do today?
The dollar rose, with the DXY up +0.26% to an 18-month high, and the US 10Y Treasury yield rose +5bp to 5.324% as traders looked ahead to the Fed minutes.
Where can I track live market data across asset classes?
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