{
  "id": 12725900,
  "title": "Wall Street ends lower, off record highs, as Treasury yields climb",
  "url": "https://urgent.news/2026/10/07/wall-street-ends-lower-off-record-highs-as-treasury-yields-climb-12725900",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-07T21:54:38.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/wall-street-ends-lower-record-highs-treasury-yields-climb"
  },
  "original_language": "en",
  "account": "On Wednesday, October 7, Wall Street saw a drop in three major US stock indices amid rising long-dated US Treasury yields. The S&P 500 and Dow Jones Industrial Average ended their four-day winning streak, while the Nasdaq Composite saw its first down day in six. The Russell 2000 Index underperformed its larger-cap counterparts, with a 1.3 percent drop. Brent crude settled above $100 per barrel, and 30-year Treasury yields touched a 24-year high. The concerns of soaring oil prices, inflation, and mounting debt caused a global bond sell-off, rattling markets worldwide. Thomas Martin, a portfolio manager, stated that investors were looking for oil relief, which would reduce rates and help the stock market. However, the S&P 500 and Nasdaq fell 0.66 percent and 0.22 percent, respectively, while the Dow Jones Industrial Average dropped 0.66 percent to 51,180.17.",
  "summary": "All three major US stock indices were modestly lower",
  "key_points": [],
  "editors_take": null,
  "illustration": "https://urgent.news/ill/12725900.png",
  "coverage": {
    "outlets": 6,
    "also_reported_by": [
      {
        "outlet": "The Sydney Morning Herald",
        "title": "ASX set to slide, Wall Street retreats as bond yields, oil prices rebound",
        "url": "https://urgent.news/2026/10/07/asx-set-to-slide-wall-street-retreats-as-bond-yields-oil-prices",
        "published": "2026-10-07T18:17:50.000Z"
      },
      {
        "outlet": "The Age",
        "title": "ASX set to slide, Wall Street retreats as bond yields, oil prices rebound",
        "url": "https://urgent.news/2026/10/07/asx-set-to-slide-wall-street-retreats-as-bond-yields-oil-prices-12681762",
        "published": "2026-10-07T18:17:50.000Z"
      },
      {
        "outlet": "Straits Times Business",
        "title": "Wall Street ends lower, off record highs, as Treasury yields climb",
        "url": "https://urgent.news/2026/10/07/wall-street-ends-lower-off-record-highs-as-treasury-yields-climb",
        "published": "2026-10-07T21:34:44.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Wall Street ends lower after record highs as Treasury yields climb",
        "url": "https://urgent.news/2026/10/07/wall-street-ends-lower-after-record-highs-as-treasury-yields-climb",
        "published": "2026-10-07T21:49:50.000Z"
      },
      {
        "outlet": "RTHK News - Finance",
        "title": "Wall Street ends lower as Treasury yields climb",
        "url": "https://urgent.news/2026/10/07/wall-street-ends-lower-as-treasury-yields-climb",
        "published": "2026-10-07T22:56:11.000Z"
      }
    ]
  },
  "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."
}