Thursday, 1 October 2026
Market slipped slightly as rising bond yields pressured stocks.
The market fell slightly over the last hour, with Energy and Utilities leading, while Health Care and Financials lagged. Rising bond yields continued to weigh on the market, despite easing geopolitical tensions. The S&P 500 and Nasdaq moved down slightly, with Small Caps and Dow also under pressure.
Why it mattered: This hour's decline suggests the market's upward trend is facing resistance from rising bond yields.
What we said to watch
Whether the easing geopolitical risk continues to support the market or if rising bond yields take over as the dominant force.
This is the reading as it was written on the day. It has not been edited with hindsight, and it may have turned out to be wrong.
Market intelligence only. Not financial advice, not a recommendation, and not an offer to buy or sell any security. No trade execution.