{
  "id": 10549784,
  "title": "US stocks drop as oil prices and bond yields climb",
  "url": "https://urgent.news/2026/09/28/us-stocks-drop-as-oil-prices-and-bond-yields-climb",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-28T21:00:00.000Z",
  "source": {
    "name": "Qatar Tribune Business",
    "slug": "qatar-tribune-business",
    "url": "https://www.qatar-tribune.com/article/256486/business/us-stocks-drop-as-oil-prices-and-bond-yields-climb"
  },
  "original_language": "en",
  "account": "US stocks experienced a decline on Monday as oil prices and bond yields rose, pushing the market further away from its record high. The S&P 500 dropped 0.6 percent, erasing much of its gains from the previous week, which had nearly reached its all-time high. The Dow Jones Industrial Average fell 222 points, or 0.4 percent, while the Nasdaq composite declined by 0.6 percent.\n\nThe majority of the US stock market suffered as Brent crude oil initially surged above $100 per barrel before settling at $97.61 per barrel, marking a 0.2 percent increase. Despite Nvidia's impressive cash infusion through a share buyback, the broader market was overshadowed by the oil price surge.\n\nOngoing uncertainty surrounding Iran's role in the Strait of Hormuz and the potential resumption of oil shipments from the Middle East fueled oil price volatility. The tension escalated after President Donald Trump rejected Iran's proposal to reopen the strait and resume nuclear talks. Brent crude oil briefly surpassed $101 per barrel before the market opened, but retreated as US mediators continued negotiations with Iran and the United States.\n\nInflation concerns, exacerbated by the higher oil prices, contributed to a rise in Treasury yields in the bond market. The 10-year Treasury yield jumped to 5.24 percent from 5.17 percent, an abrupt change that signaled the economy's increased borrowing costs. The 30-year Treasury yield also climbed to 5.56 percent, reaching levels not seen since 2004.\n\nAirline stocks and companies with substantial fuel expenses suffered as oil prices climbed. American Airlines dropped 2.4 percent, while United Airlines fell 1.8 percent. Gold miners also experienced a decline after gold prices decreased by 3.9 percent, as investors sought protection from inflation.",
  "summary": "AgenciesRising oil prices on Monday knocked the US stock market further from its record high while adding even more pressure to the US bond market.The S&P 500 fell 0.6 percent and...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "WSJ Markets",
        "title": "Oil Prices and Bond Yields Keep Rising, Putting a Damper on Stocks",
        "url": "https://urgent.news/2026/09/28/oil-prices-and-bond-yields-keep-rising-putting-a-damper-on-stocks",
        "published": "2026-09-28T21:02:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}