Investment
Features
FeesSafety
Academy
More
Pluang+

US stocks dip as strong bond auction lowers yields; oil rises amid Strait of Hormuz tensions.

Market News
08 Oct 2026
FXEmpire
View Source
Bearish
US stocks dip as strong bond auction lowers yields; oil rises amid Strait of Hormuz tensions.

US stock indexes closed slightly lower after a strong $39 billion 10-year Treasury auction helped pull bond yields down from multi-decade highs, easing some market pressure. The Dow Jones fell 0.7%, the S&P 500 and Nasdaq each lost 0.2%, while small caps dropped more sharply. Rising real yields and term premiums suggest investor caution about long-term growth, which could weigh on stocks if the trend continues. Oil prices climbed over 1% as vessel traffic through the Strait of Hormuz hit a two-month low, adding geopolitical risk. Market attention now turns to upcoming US inflation data and Federal Reserve speeches for clues on future rate hikes, with December seen as the likely timing for the next increase.

US bond yields and equities provide market context, with Pluang data as of Oct 08, 2026 12:51 WIB. Of 150 US stocks priced on Pluang, 43 rose and 101 fell today. Notable movers include GFI at USD 34.88, down 3.57%, VALE at USD 13.61, down 3.34%, and MQ at USD 17.06, up 3.08%.

More News

Ascentis Independent Advisors adds $1B in assets with four new advisory teams from Raymond James.

Ascentis Independent Advisors adds $1B in assets with four new advisory teams from Raymond James.

Ascentis Independent Advisors has expanded by adding four advisory teams from Raymond James Financial Services, bringing over $1 billion in client assets. These teams, based in California and Colorado, chose Ascentis to access enhanced planning, inve...

Market News
Bullish
15 minutes ago
Dimensional Fund Advisors discloses 1.28% stake in Prologis Inc as of October 7, 2026

Dimensional Fund Advisors discloses 1.28% stake in Prologis Inc as of October 7, 2026

Dimensional Fund Advisors Ltd. has publicly disclosed holding a 1.28% ownership stake in Prologis Inc, amounting to 12,123,997 shares as of October 7, 2026. This disclosure is made under Rule 8.3 of the Takeover Code, indicating significant interest ...

Market News
Neutral
2 hours ago
QAIX launches global membership for AI, quantum, and finance leaders with NYC office access from $1,800/year

QAIX launches global membership for AI, quantum, and finance leaders with NYC office access from $1,800/year

QAIX, a Quantum Computing & AI Alliance based in Manhattan, has opened its global membership program offering companies and tech leaders access to a global network, office spaces in major cities including New York, and resources from NVIDIA and IBM. ...

Others
Bullish
2 hours ago
FLSmidth wins DKK 360M order for crushing and grinding tech in Chile copper expansion

FLSmidth wins DKK 360M order for crushing and grinding tech in Chile copper expansion

FLSmidth secured a DKK 360 million contract to supply advanced crushing and grinding equipment for a copper mine expansion in Northern Chile. The order includes the world's largest gyratory crusher, a large SAG mill, and three ball mills, with instal...

Market News
Bullish
3 hours ago
Michelin repurchases 202,417 shares at €32.33 each for cancellation on October 8, 2026

Michelin repurchases 202,417 shares at €32.33 each for cancellation on October 8, 2026

On October 8, 2026, Michelin repurchased 202,417 of its own ordinary shares at a weighted average price of €32.33 per share through over-the-counter transactions. The shares bought back are intended for cancellation, which can reduce the total number...

Company Fundamentals
Neutral
3 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App