US Stocks Close Mixed as Yields Rebound
2026-09-18 20:11
By
Isabela Couto
1 min. read
US stock indices closed mixed on Friday as Treasury yields rebounded, rekindling concerns about a deteriorating macroeconomic backdrop.
The S&P 500 inched 0.2% higher and the Dow inched 95 points lower, while the Nasdaq added 0.7%.
The 10-year yield rebounded as persistent uncertainty over Middle Eastern oil supplies drove fuel and natural gas prices higher.
The threat of energy-driven inflation has affected underlying consumer prices, prompting the Fed to hike rates this week.
Most FOMC members saw the need for another hike.
Credit-sensitive sectors fell, with banks and asset managers posting losses.
Bank of America lost 0.8%, while Goldman Sachs fell 1%.
AI hyperscalers were mostly lower amid their debt issuance spree to fund capital expenditures.
Meta shed 2.4%, while Oracle lost 2%.
Chipmakers were mostly higher, with Broadcom up 3% and Micron rising 3.9%, offsetting losses in the Nasdaq.
On the week, the Dow shed 733 points, the Nasdaq rose 2.6% and the S&P 500 gained 0.7%.