Stocks Edge Lower at Midday as Crude Jumps and Treasury Selloff Lifts Long Yields
Hyperdash NewsMacroUS stocks traded modestly lower by midday Friday as a jump in Crude prices and a global bond selloff weighed on risk appetite. The S&P 500 edged down to 7,623, off -0.37%, while the Nasdaq slipped to 26,742, down -0.44%.
Scoreboard
- S&P 500 7,623 (-0.37%)
- Euro Stoxx 50 6,188 (-1.29%)
- Nikkei 225 68,957 (+3.30%)
- Gold 4,198 (+0.27%)
- WTI 92.54 (+2.34%)
- US 10Y 5.255% (-4bp)
- DXY 102.0900 (+0.63%)
- Bitcoin 84,203 (-0.01%)
- VIX 17.27 (+5.69%)
- DE 10Y 3.515% (+0bp)
Energy was the morning's standout as WTI jumped to 92.54, up +2.34%, and Brent rose to 101.52, up +3.56%. A report on changes to Russia's nuclear doctrine, cited by traders as a factor behind weaker futures and a reach for safety, pressured the open. The dollar firmed, with the DXY rising to 102.0900, up +0.63%. Micron advanced after an earnings beat and strong guidance, leading tech, while Accenture rallied on its own results. The VIX jumped to 17.27, up +5.69%. Minneapolis Fed President Neel Kashkari said inflation remains too high even as the labor market looks solid.
Key headlines
- Tesla’s delivery report is just around the corner. Expect a sales drop.
- Accenture rallies more than 20% after earnings beat, heads for best day ever
- GM reports 5.5% decline in third-quarter U.S. sales as EV sales drop
- U.S. manufacturers say inflation is bad and not getting any better
The takeaway
The morning's cross-currents cut against each other. Long Treasury yields pushed higher in a relentless global bond selloff, yet the US 10Y edged down to 5.255%, off -4bp, as the Russia nuclear report drew bids into safe assets. That divergence underscored how geopolitics, not just rate expectations, drove the morning tape.
Attention turns to the afternoon after the September jobs report, which some strategists expect to show a mending but still-soft labor market. Traders will watch whether Crude extends its jump, whether the long-end bond selloff resumes after the morning bid, and how equities digest Kashkari's remarks on sticky inflation.
View the S&P 500 chart and data on Hyperdash
Frequently asked questions: October 1, 2026
What happened in the markets today?
US stocks traded lower by midday, with the S&P 500 at 7,623, down -0.37%, as Crude jumped and a global bond selloff lifted long yields. WTI rose to 92.54, up +2.34%.
Did the stock market go up or down today?
The major US indexes were down at midday. The S&P 500 edged lower to 7,623, off -0.37%, and the Nasdaq slipped to 26,742, down -0.44%.
Why did markets move today?
A jump in Crude prices, a global bond selloff and a report on Russia's nuclear doctrine weighed on risk appetite. Micron and Accenture gains offset some losses, while the VIX jumped to 17.27, up +5.69%.
How did the S&P 500 do today?
The S&P 500 edged lower to 7,623, down -0.37% at midday, pressured by rising Crude and caution ahead of the September jobs report.
What did the dollar and Treasury yields do today?
The dollar firmed, with the DXY rising to 102.0900, up +0.63%. The US 10Y yield edged down to 5.255%, off -4bp, after touching a 24-year high amid a global bond selloff, as a safety bid pulled it back.
Where can I track live market data across asset classes?
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