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U.S. stocks steady amid Fed and oil rally
On September 24, 2026, Wall Street experienced mixed performance in the American stock market. Initially, stocks declined due to rising oil prices, increasing yields on U.S. Treasury bonds, and signs of tightening monetary policy by the Federal Reserve. However, the losses were reduced following reports of discussions between the United States and Iran aimed at ending their conflict, allowing the indices to close relatively unchanged. The S&P 500 closed at 7,703.68 points, and the Nasdaq at 26,939.37 points, down 0.6% and 0.9% respectively during the session. The Dow Jones Industrial Average fell by 0.3%, ending the day at 51,349.89 points. The bond market also experienced volatility, with 10-year Treasury yields rising by 9.3 basis points to 5.209%, the highest level since July 2007. These developments came amid market anticipation for Chinese President's visit to the United States and other international events affecting the U.S. markets.
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