{
  "id": 5371463,
  "title": "Stocks Rally, Yields Retreat after Waller Signals a September Hold",
  "url": "https://urgent.news/2026/09/03/stocks-rally-yields-retreat-after-waller-signals-a-september-hold",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-03T16:26:44.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/stocks-rally-yields-retreat-waller-162644511.html"
  },
  "original_language": "en",
  "account": "Wall Street experienced a rally on Thursday as Federal Reserve Governor Christopher Waller signaled that the central bank would hold off on raising interest rates in September. Waller's statement at a Reuters event, paraphrasing John Lennon, encouraged bond traders to give disinflation a chance, prompting a significant shift in market sentiment. The S&P 500 jumped over 1%, the Nasdaq climbed 1.4%, and the Dow gained 640 points, marking its best session since August 4. The 10-year Treasury yield retreated to around 4.75% from a previous spike. Market participants had anticipated a rate hike at Waller's upcoming meeting, with the Fed's benchmark overnight rate currently ranging between 3.50% and 3.75%. The prospect of lower yields made government bonds appear more attractive compared to stocks, leading to a surge in equity prices. Even though Waller's signal presented a 50.4% chance of a rate hike, it represented a substantial decrease from the previous 63.2%.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}