Stock Market Midday, Sept. 24: Stocks Slide as Treasury Yields Climb, Oracle Declares Force Majeure
Bond sell-off pressures equities across all three major indices, while Meta gets a boost from its product launch, today, Sept. 24, 2026.
At 11:37 AM ET, stock market indices showed a decline as Treasury yields rose and Oracle declared force majeure. The S&P 500 fell 0.48% to 7,669, the Nasdaq Composite dropped 0.77% to 26,739, and the Dow Jones Industrial Average declined 0.71% to 51,144. The bond sell-off was a major driver behind the market's downturn. Gold prices fell 0.82% to $4,253.63, while the 10-Year Treasury yield climbed to 5.16%.
Technology and basic materials stocks experienced losses, with energy and communication services seeing the most significant gains. Oracle's stock dropped almost 5% following reports of a force majeure declaration related to a New Mexico data center project, causing concern among investors about potential delays. Meta Platforms gained after introducing Meta VR glasses and a new handheld device compatible with the recently launched Muse AI agent. Meanwhile, United Parcel Service saw a decline after an analyst downgraded the company.
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