Bearish
Dow Jones drops 0.3% to 51,349.92 amid rising Treasury yields and low consumer confidence.
On September 29, 2026, the Dow Jones Industrial Average declined by 0.3% to 51,349.92, influenced by escalating long-term Treasury yields and a significant drop in consumer confidence. The 10-year Treasury yield reached 5.25%, the highest in 24 years, while the Conference Board's consumer confidence index fell to 81.9, the lowest since April 2014. ([apnews.com](https://apnews.com/article/69778ade7a033a10cb44b9078b6bb15d?utm_source=openai))
Key points
- Rising Treasury yields pressure equities, with the 10-year yield reaching 5.25%.
- Consumer confidence drops to a 12-year low, reflecting economic concerns.
- Oil prices ease, with Brent crude falling 1.7% to $96.16 per barrel.
- Technology stocks show mixed performance; Nvidia rises 0.7%, Broadcom increases by 1.6%.
Sources
AI-generated from public news sources. Not financial advice.
