Stock market today: Dow, S&P 500 post monthly losses in September as Treasury yields climb
The S&P 500 fell 0.25% to 7,651.54 and the Dow dropped 443.87 points, or 0.86%, to 50,906.05, while the Nasdaq Composite rose 0.24% to 26,861.06. For September, the Dow lost 4.9% and the S&P 500 0.7%, while the Nasdaq gained 1.7%. The 10-year Treasury yield rose to 5.29% even as August PCE inflation rose 3.4%, less than expectations for 3.7%. Micron was set to report earnings after the close. Yahoo Finance
Fed's favored inflation gauge cooled in August but remained elevated
The PCE price index rose 0.3% in August and 3.4% from a year earlier, against expectations of 0.4% and 3.7%. Core PCE, which excludes food and energy, rose 0.2% on the month and 3% on the year, against expectations of 0.3% and 3.3%. The personal savings rate fell to 4.1% from 4.6% in July. FOX Business
Jabil shares fall despite earnings beat and strong guidance
Jabil reported fiscal fourth-quarter adjusted EPS of $4.40 against a $4.06 consensus, on revenue of $10.6 billion, up 21% year over year and ahead of the $9.69 billion estimate. It guided fiscal 2027 adjusted EPS to $17.55 against a $16.92 consensus, and revenue to $44.5 billion against $42.93 billion, with a 30bp core operating margin expansion to 6.1%. Shares were down about 4% premarket. Investing.com
| Asset | Close | Chg | % |
|---|---|---|---|
| S&P 500^GSPC | 7,651.54 | -19.30 | -0.25% |
| Nasdaq Composite^IXIC | 26,861.06 | +63.52 | +0.24% |
| Dow Jones^DJI | 50,906.05 | -443.87 | -0.86% |
| CBOE Volatility Index^VIX | 16.34 | +0.30 | +1.87% |
| U.S. Dollar IndexDXY · 4:00 PM ET | 101.49 | +0.08 | +0.08% |
| Brent CrudeICE Dec '26 · 2:30 PM ET settle | $98.03 | +$1.87 | +1.94% |
| GoldCOMEX Dec '26 · 1:30 PM ET settle | $4,189.10 | +$8.40 | +0.20% |
| Tenor | Close | Chg | % |
|---|---|---|---|
| 1-MonthT-bill | 4.02% | -2bp | -0.50% |
| 3-MonthT-bill | 4.20% | -5bp | -1.18% |
| 6-MonthT-bill | 4.33% | -3bp | -0.69% |
| 1-YearT-note | 4.54% | -4bp | -0.87% |
| 2-YearT-note | 4.88% | -1bp | -0.20% |
| 5-YearT-note | 5.09% | +3bp | +0.59% |
| 10-YearT-note | 5.29% | +3bp | +0.57% |
| 30-YearT-bond | 5.64% | +5bp | +0.89% |
