{
  "id": 6941829,
  "title": "US Market Outlook: Equities fall, Yields surge",
  "url": "https://urgent.news/2026/09/12/us-market-outlook-equities-fall-yields-surge",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-12T15:13:44.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/portfolio/technical-analysis/us-market-outlook-equities-fall-yields-surge/article71459270.ece"
  },
  "original_language": "en",
  "account": "Last week, the Dow Jones Industrial Average, S&P 500, and NASDAQ Composite index all experienced declines. The Dow Jones dropped 1.57%, while the S&P 500 and NASDAQ Composite fell by 0.8% and 0.66%, respectively. This downturn was largely attributed to a strong rise in crude oil prices. The surge in US Treasury yields followed suit, contributing to the downward pressure on the equity markets.\n\nThe 2% decrease in oil prices on Friday provided a slight relief to the benchmark indices, allowing them to recover some of their losses. However, the question remains: can the equity markets sustain this bounce and continue to rise further?\n\nA closer examination reveals that the bias has turned negative due to the strong fall below 52,900 last week. Several resistances lie within the 52,900-53,200 range, which could potentially cap any further rise from the current levels. Support is available at 52,200, but the index remains vulnerable to break this support and fall to 51,800 initially. A breach of 51,800 could then drag the Dow Jones down to the 50,000-49,500 range in the medium term.\n\nTo prevent this decline, the Dow Jones needs to achieve a sustained rise above 53,500. The support at 7,600 continues to hold well, and the index made a low of 7,580 before bouncing back. If this bounce persists, there is a possibility of a rise to 7,720 this week. A decisive break above 7,720 will clear the path for a rise to 7,800. However, a failure to rise above 7,720 might cause the S&P 500 to fall back to 7,600 again. A break below 7,600 could then test 7,550 or even 7,500.\n\nThe big picture indicates that the index must decline below 7,500 to negate the chance of reaching 8,000. Currently, the index oscillates between 25,900 and 26,700 over the past three weeks, which leaves the possibility of seeing 27,000-27,200 on the upside. If the index manages to break 27,200, an extended rise to 28,000-28,200 is also a potential outcome.\n\nThe NASDAQ Composite index is expected to find its top around 28,000-28,200. A reversal thereafter could lead the index down to 27,000-26,000 or even lower. If the index breaks below 25,900, a fall to 25,500-25,000 could be observed. The dollar index (99.09) remains within the 98.50-99.85 range, indicating no significant changes in the outlook. The short-term picture will continue to be mixed until a range breakout occurs on either side.\n\nFor the dollar index to gain momentum and surpass the psychological 100 mark again, a sustained rise above 99.85 is necessary. Otherwise, a break below 98.50 could drag the index down to 98.20-98. In the long run, the dollar index must stay above 98 to avoid further declines. The expected rise in the US 10Yr Treasury Yield (4.97%) has surpassed expectations, with an extended rise to 5.05-5.08% being a possibility if the current momentum persists. However, the yield could turn down again towards 5-4.95%. A break below 4.95% might drag the yield down to 4.8%. In case the yield manages to breach 5.08%, 5.25-5.3% could be seen on the upside.",
  "summary": "The US benchmark indices look vulnerable to fall more",
  "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."
}