Markets
Equities, rates, and the forces moving them — tracked through the trading day and explained without the noise.
A $39 billion 10-year Treasury auction drew a 2.77 bid-to-cover ratio and 80% foreign demand, prompting options traders to bet the bond rout is bottoming out.
Nvidia's market cap hit $5.7 trillion on Oct. 2, 2026, on a $150B buyback and a weak 29,000-job September payrolls report cutting Fed hike odds to 17%.
Options markets priced a 7% to 8.5% swing in Micron stock ahead of its Sept. 30 fiscal Q4 earnings, with Wall Street eyeing $50.86 billion in revenue.
Bond-market rout drove the 10-year Treasury yield to 5.17% and small-cap ETF IWM lost $3.3 billion in a week, per CNBC and Benzinga reporting on rate risk.
Outstanding SPX box-spread trades hit a record $146 billion as investors seek Treasury-bill-like returns with better tax treatment amid the bond rout.
Oil prices move as futures traders reprice supply and demand. Brent settled at $103.87 on Sept 18, 2026: what moves it, and how to read an oil price chart.
Stock market today: S&P 500 closed 7,637.76 Sept 17, 2026 and slipped Friday as the 10-year hit 5%. Hours, order types, T+1 settlement, worked example.
The Bank of Japan raised its policy rate 25bp to 1.25% in a 7-2 vote on Sept. 18, 2026. The yen fell to 157.085 per dollar and the Nikkei 225 closed 1.51% up.
Oil is priced as a benchmark plus a differential: Brent settled at $105.83 and WTI at $102.43 on Sept 16, 2026. How quotes, formulas and spreads work.
The 10-year Treasury yield touched 5.041% on Sept. 15, 2026, its highest since July 2007. What oil, 3.4% inflation and Wednesday's Fed vote mean for you.
VIXEQ-VIX spread hit a record 34.14 points on July 9, then narrowed over 14 points as the 10-year Treasury yield touched 5% before the Sept. 16 Fed call.
The 10-year Treasury yield hit 5% on Sept. 14, 2026, as Brent crude held near $108 and a key semiconductor gauge sank 5.7% two days before the Fed's call.