Stock market today: Dow, S&P 500, Nasdaq trims losses as hopes of Hormuz deal offset rising bond yields
The Dow fell 0.31% (161.61 points) to 51,349.98, the S&P 500 slipped 0.02% to 7,704.13 and the Nasdaq rose 0.01% to 26,939.37. Stocks pared losses after Reuters reported that US and Iranian negotiators were “working on a phased agreement in which Iran would allow shipping traffic,” offsetting a Treasury sell-off in which the 30-year yield reached its highest level since 2004. Yahoo Finance
Fed's Williams says it is reasonable to see another US rate hike this year
New York Fed President John Williams said, “It’s likely that another rate hike may be appropriate by the end of the year. That seems to me a reasonable way of thinking about it,” adding, “We have to see. We’re going to collect the data and do what we did between July and September.” Sixteen of 18 policymakers signaled support for at least one more hike before year-end. Reuters
Oracle invokes force majeure on New Mexico AI data center
Oracle sent a force majeure notice to Blue Owl Capital, the developer of Project Jupiter, which would let it delay payments if the data center fails to launch as scheduled; the stock fell 4%. Oracle said, “Project Jupiter remains on our planned schedule.” Blue Owl said, “This notice does not change the financial commitments to this multi-year project.” Quartz
| Asset | Close | Chg | % |
|---|---|---|---|
| S&P 500^GSPC | 7,704.13 | -1.90 | -0.02% |
| Nasdaq Composite^IXIC | 26,939.37 | +3.33 | +0.01% |
| Dow Jones^DJI | 51,349.98 | -161.61 | -0.31% |
| CBOE Volatility Index^VIX | 15.67 | +0.49 | +3.23% |
| U.S. Dollar IndexDXY · 4:00 PM ET | 101.26 | +0.15 | +0.15% |
| Brent CrudeICE Nov '26 · 2:30 PM ET settle | $107.52 | +$4.44 | +4.31% |
| GoldCOMEX Dec '26 · 1:30 PM ET settle | $4,298.00 | -$20.00 | -0.46% |
| Tenor | Close | Chg | % |
|---|---|---|---|
| 1-MonthT-bill | 4.01% | +2bp | +0.50% |
| 3-MonthT-bill | 4.24% | +5bp | +1.19% |
| 6-MonthT-bill | 4.34% | +3bp | +0.70% |
| 1-YearT-note | 4.51% | +2bp | +0.45% |
| 2-YearT-note | 4.87% | +2bp | +0.41% |
| 5-YearT-note | 5.03% | +4bp | +0.80% |
| 10-YearT-note | 5.18% | +7bp | +1.37% |
| 30-YearT-bond | 5.47% | +7bp | +1.30% |