Stock market today: Dow, S&P 500, Nasdaq wobble as 30-year Treasury yield climbs to 24-year high
The Dow fell 0.2%, the S&P 500 slipped 0.1% and the Nasdaq was roughly flat as the 30-year Treasury yield surged to 5.62%, its highest level since 2002, pushing mortgage rates to a three-year high of 7.58%. Sentiment was also weighed down by a Reuters report of leaked details from Anthropic's IPO prospectus showing a $2 trillion valuation target alongside steep losses and capital commitments, OpenAI shelving a frontier model over internal safety-test concerns, consumer confidence falling to its lowest level since 2014, and job openings coming in below expectations; oil eased slightly as Saudi Arabia resumed exports. Yahoo Finance
FICO Stock Plummets Over 26% Amid New Mortgage Pricing Regulations
Fair Isaac shares fell more than 26% after FHFA Director Bill Pulte announced that Fannie Mae and Freddie Mac will adopt a unified mortgage-pricing model incorporating VantageScore data rather than relying exclusively on FICO's credit score, ending the dual-pricing structure that had discouraged lenders from using the rival score. VantageScore is developed jointly by Equifax, Experian and TransUnion. GuruFocus noted company insiders had sold roughly $1.35 million of FICO shares over the prior three months. GuruFocus
Stock Market Today, Sept. 29: Carnival Surges 13% on Record Bookings, Raised Guidance
Carnival closed at $25.11 after reporting adjusted EPS of $1.43 and record revenue of $8.44 billion, both ahead of Wall Street estimates, and raising full-year adjusted EPS guidance. CEO Josh Weinstein said the company “delivered another quarter of top and bottom-line records, with accelerating demand and even stronger cost discipline”; 2027 bookings are already half-filled at record pricing and total debt has fallen below $24 billion from a 2023 peak of $36 billion. Royal Caribbean (+7.5%) and Norwegian Cruise Line (+3.4%) also rallied on the results. The Motley Fool
| Asset | Close | Chg | % |
|---|---|---|---|
| S&P 500^GSPC | 7,670.84 | -12.85 | -0.17% |
| Nasdaq Composite^IXIC | 26,797.54 | -22.84 | -0.09% |
| Dow Jones^DJI | 51,349.92 | -131.59 | -0.26% |
| CBOE Volatility Index^VIX | 16.04 | -0.03 | -0.19% |
| U.S. Dollar IndexDXY · 4:00 PM ET | 101.40 | +0.19 | +0.18% |
| Brent CrudeICE Dec '26 · 2:30 PM ET settle | $102.59 | -$2.69 | -2.60% |
| GoldCOMEX Dec '26 · 1:30 PM ET settle | $4,180.70 | +$12.28 | +0.29% |
| Tenor | Close | Chg | % |
|---|---|---|---|
| 1-MonthT-bill | 4.04% | 0bp | 0.00% |
| 3-MonthT-bill | 4.25% | -3bp | -0.70% |
| 6-MonthT-bill | 4.36% | -5bp | -1.13% |
| 1-YearT-note | 4.58% | -1bp | -0.22% |
| 2-YearT-note | 4.89% | -3bp | -0.61% |
| 5-YearT-note | 5.06% | 0bp | 0.00% |
| 10-YearT-note | 5.26% | +2bp | +0.38% |
| 30-YearT-bond | 5.59% | +3bp | +0.54% |