Market Report, 2026-09-09

U.S. stocks finished lower for a third consecutive session Wednesday as another surge in oil prices kept inflation at the center of investors’ attention, the Fed Funds market has largely priced in a rate hike in next Wednesday’s Federal Reserve policy setting meeting. Those developments were amid the backdrop of senior Iranian officials stating that the country is ready for a more intense war and escalate counterstrikes.

The Dow Jones Industrial Average fell 405 points to 52,381, while the NASDAQ Composite declined 0.64% to 26,253 and the S&P 500 lost 0.48% to 7,636. Sector performance reflected broad caution. The energy sector was the only sector that posted a gain today. Most other sectors have ended the day in the red. The technology sector, remarkably, ended the day flat.

Treasury yields moved higher across the intermediate and long end. The 5-year yield rose 5 basis points to 4.62%, while the 10-year yield increased 4 basis points to 4.84%. The 30-year yield surged 3 basis points to 5.3% despite the fact that the Treasury Secretary’s plan for long-term bond buyback as the measly 6 billion dollars injection appeared to be nothing in front of the 5 and half trillion dollars long-term Treasury bond market.

Attention now turns to Thursday’s producer-price report and weekly jobless claims, followed by Friday’s consumer-price inflation report and preliminary consumer-sentiment reading. These releases will help shape expectations for the Federal Reserve’s September 15–16 meeting. Adams Wealth Advisors will continue to watch the economy and keep you informed.