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As on : 08-Oct-2026
Market Commentary - Foreign Markets
08-Oct-2026     17:08

US Stocks retreat as bond yields surge

US equities declined on Wednesday amid persistent pressure in the bond market, propelling Treasury yields to levels unseen in over two decades. Key indices experienced selling pressure following record highs achieved in the prior session.

The Dow Jones Industrial Average declined 341.41 points, a 0.66% decrease, to conclude trading at 51,179.87, as the S&P 500 retreated 0.22% to finish at 7,801.77. The Nasdaq Composite edged lower by 0.22% to reach 27,538.69 at the close.

Concerns arose among investors as the yield on the benchmark 10-year Treasury note ascended to its peak since April 2002, registering at 5.365% on Wednesday. The 30-year bond yield similarly attained its highest level since May 2002, reaching 5.73%.

INDIAN INDICES

Sensex

72,472.33 879.09 (1.23%)

Nifty

22,520.45 288.65 (1.30%)

GLOBAL INDICES

USD

NA

NASDAQ
HANG SENG

24,160.15 374.35(1.57%)