Wall Street falls: the 10-year bond tops 5% and the Nasdaq's record streak ends
Wall Street falls: the 10-year bond tops 5% and the Nasdaq's record streak ends
New York started Wednesday, September 23, 2026, with losses. The Nasdaq, where technology companies trade, had closed two days in a row at record highs. Today that streak broke.
Around 10:40 am in Brasilia, the Nasdaq was down nearly 1% at 27,168.72 points. The S&P 500, which gathers the 500 largest companies in the United States, was down 0.5% at 7,754.26 points. The Dow Jones, the index of the oldest and most industrial companies, was down 0.23% at 51,742.39 points. These are mid-session figures, not closing levels.
| Index | Level in the morning | Change |
|---|---|---|
| Dow Jones | 51,742.39 points | -0.23% |
| S&P 500 | 7,754.26 points | -0.5% |
| Nasdaq | 27,168.72 points | -1% |
The figure that moved everything
The yield on the 10-year United States Treasury bond, which is the interest the government pays to borrow money, went back above 5%. It is the highest level in a trading day since 2007.
When the interest on the government bond rises, borrowing gets more expensive for everyone. Stocks also look less attractive next to a bond that pays a lot. It is like a loan that suddenly asks for more interest.
Energy and mining
The energy sector was the exception: it rose about 0.9%, because oil bounced back after five falls in a row.
Miners, on the other hand, dropped around 3% on a day of weak gold.
What the market is watching
The talks between the United States and Iran about the conflict in the Middle East are in focus. So is the summit between United States President Donald Trump and China's President Xi Jinping, planned for September 24 in Washington. Experts do not expect big announcements.
Why this reaches your pocket
The Federal Reserve, the central bank of the United States, raised its rates on September 16. They now sit in a range of 3.75% to 4.00%. With high rates, loans become more expensive all over the world. A bond that pays more also competes with stocks and with pension funds.
Sources: Yahoo Finance (United States), Valor Econômico (Brazil), Reuters (United Kingdom) and Estadão (Brazil). September 23, 2026.
