Stock markets are experiencing volatility due to rising bond yields and fluctuating oil prices. On Wall Street, the S&P 500 fell 0.1% in afternoon trading after a morning dip, while the Dow Jones dropped 153 points or 0.3%. The Australian market is projected to lose around 0.1%, following Thursday's 0.7% decline. Bond yields are at their highest since 2007, contributing to economic pressures and inflation concerns, with the 10-year Treasury yield rising to 5.16%. Oil prices have also surged, reaching $100.80 per barrel for Brent crude, adding to market uncertainties.
Written locally by qwen2.5:14b on 2026-09-24,
using this article's own text rather than the other coverage of the
same event (that is the story summary below).
Stocks swung on Wall Street amid pressure from the highest bond yields in almost two decades and another rise in crude oil prices.
asserted
Stocks → swing → prices
A morning dip for major indexes turned into an unsteady afternoon as oil prices jumped, eased and then regained ground.
asserted
prices → turn → ground
The bond market, meanwhile, continues applying pressure to stocks.
asserted
market → apply → stocks
The S&P 500 fell 0.1 per cent in afternoon trading, after it had briefly regained ground from a morning decline.
asserted
it → fall → decline
The index is headed for its third day of declines after climbing to the brink of its all-time high.
asserted
index → head → high
The Dow Jones Industrial Average was down 153 points, or 0.3 per cent, as of 2:14 p.m. Eastern time, and the Nasdaq composite fell 0.2 per cent.
asserted
composite → fall → p.m.
The Australian sharemarket is set to slide, with futures at 5am AEST pointing to a loss of 10 points, or 0.1 per cent, at the open.
asserted
futures → set → open
The ASX lost 0.7 per cent on Thursday.
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ASX → lose → Thursday
The Australian dollar was weaker at US70.12¢.
Stocks have slowed under the weight of higher yields in the bond market, which make borrowing money more expensive for everyone.
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borrowing → slow → everyone
That includes discouraged people trying to keep up with high inflation, businesses wanting to build data centres for artificial-intelligence technology and the US government needing to cover the massive gap between its spending and revenue.
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government → include → spending
Yields at their highest levels in years are slowing the overall economy while also undercutting prices for stocks and other investments.
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Yields → slow → stocks
The yield on the 10-year Treasury climbed again Thursday, to 5.16 per cent from 5.11 per cent late Wednesday.
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yield → climb → cent
It’s back to where it was in 2007 and up sharply from its 3.97 per cent level before the war with Iran sent oil prices much higher.
asserted
war → ’ → prices
The price for a barrel of Brent crude in the most actively traded part of the market rose another 2.7 per cent Thursday to $US100.80.
asserted
price → trade → US100.80
Higher oil prices have helped push up the average price for a gallon of regular gasoline to $US4.48 from less than $US4.10 a month ago and from $US3.16 a year earlier, according to AAA.
uncertain
prices → push → AAA
It’s not just worries about inflation that have sent Treasury yields higher.
asserted
that → ’ → yields
The US economy continues to expand, which also supports yields.
asserted
which → continue → yields
The bond market got a major jolt Wednesday after a preliminary report suggested US business activity is growing at its fastest pace in years, while costs for corporate America are also rising quickly.
uncertain
costs → get → America
On Thursday, a report showed fewer US workers applied for unemployment benefits last week and further strengthened expectations for the economy.
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workers → show → economy
Such numbers could convince the Federal Reserve that the economy can withstand more hikes to short-term interest rates.
uncertain
economy → convince → rates
The Fed last week raised its main interest rate for the first time in three years in hopes of slowing the economy and removing some of the fuel for inflation.
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Fed → raise → inflation
Traders now see better than a coin flip’s chance that the Fed could raise rates twice more by the end of the year, according to data from the CME Group.
uncertain
Fed → see → Group
So far, the solid overall economy has helped US companies continue to deliver strong growth in profits.
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companies → help → profits
That in turn has helped their stock prices remain relatively strong despite worries about war, inflation and tariffs.
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prices → help → war
“The headlines have turned more ominous, but the underlying drivers of growth remain intact,” strategists at Barclays wrote in a report.
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strategists → turn → report
“As long as AI-related investment, US corporate profitability, and consumer spending continue to beat expectations, the economy and markets seem capable of absorbing tighter central banks and higher rates.”
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economy → relate → banks
Stitch Fix became one of the latest US companies late Wednesday to report better quarterly results than analysts expected.
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analysts → become → results
But its stock nevertheless tumbled 19.9 per cent after it said “a more challenging consumer environment” could hold back its revenue growth this upcoming fiscal year.
uncertain
environment → tumble → growth
Darden Restaurants, the company behind Olive Garden and LongHorn Steakhouse, fell 2.1 per cent after reporting a profit for the latest quarter that matched analysts’ expectations.
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that → fall → expectations
High yields in the bond market hurt prices for all kinds of stocks, and they often hit those seen as the most expensive the hardest.
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they → hurt → expensive
That puts the target on AI stocks, which soared for years in the frenzy around the technology.
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which → put → technology
Higher yields also make it more expensive for companies to borrow money to build AI data centres, which could slow their construction and restrain demand for AI chips.
uncertain
which → make → chips
Nvidia sank 0.8 per cent and was one of the heaviest weights on the S&P 500.
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Nvidia → sink → S&P
Helping to keep the market’s losses in check was Everpure.
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Everpure → help → check
The data storage and management company’s stock jumped 13.1 per cent after it stood by its financial forecasts for this fiscal year and said it expects revenue growth to accelerate in the following one.
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growth → jump → one
In stock markets abroad, indexes fell modestly around much of the world.
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indexes → fall → world
The Aporia
