Dow Posts Third Straight Weekly Loss as Treasury Yield Nears 5% – CoinCentral

TLDR

• The Dow fell 0.2% Friday and posted its third straight weekly decline.
• The S&P 500 rose 0.2%, while the Nasdaq gained 0.4%.
• The 10-year Treasury yield ended the week just below 5%.
• The Federal Reserve raised interest rates by 25 basis points this week.
• Oil prices fell back below $100 while semiconductor stocks recovered from earlier losses.

U.S. stocks ended Friday mixed as investors continued to assess higher interest rates, bond yields near 5% and the outlook for inflation.

The Dow Jones Industrial Average fell about 0.2% to 51,682.64.

The decline left the Dow lower for a third consecutive week. It was also the index’s weakest week since March.

The S&P 500 gained 0.2% Friday to close at 7,650.50, but still finished the week slightly lower.

The Nasdaq Composite rose around 0.4% and ended the week with a gain.

Treasury Yields Rise After Fed Rate Hike

Bond yields remained one of the main pressures on stocks.

The 10-year Treasury yield ended the week at 4.995%, putting it just below the 5% level.

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U.S. 2-Year Treasury Yield jumps to 4.76%, the highest level since July 2024 📈 📈 pic.twitter.com/YUHLoLwrkC

— Barchart (@Barchart) September 19, 2026

The 2-year Treasury yield closed at 4.741%. That was its highest 3 p.m. close since July 1, 2024, according to Dow Jones Market Data.

The move followed the Federal Reserve’s decision Wednesday to raise its benchmark interest rate by 25 basis points.

It was the Fed’s first rate increase in three years.

Traders are now considering whether more increases could follow. CME FedWatch data showed a 47.1% probability of another quarter-point increase and a 42.4% probability of a total half-point of further hikes through December.

Investors remain focused on inflation after recent energy price increases added pressure to consumer and business costs.

JPMorgan Chase CEO Jamie Dimon told Yahoo Finance this week that it was still unclear whether inflation had been brought under control.

Oil Falls While Tech Stocks Recover

Oil prices provided some relief Friday by moving back below $100 a barrel after previously climbing above that level.

Energy markets remain sensitive to disruptions linked to the war in Iran and shipping through the Strait of Hormuz.

Technology stocks performed better than many other parts of the market.

Semiconductor shares recovered from losses earlier in the week. The PHLX Semiconductor Index finished the week slightly higher.

Chip stocks had come under pressure after Anthropic and OpenAI called for a slower pace of AI development because of safety concerns.

Morgan Stanley Wealth Management portfolio manager Daniel Skelly said oil prices, high bond yields and the U.S. midterm elections could continue to affect near-term market volatility.

Wall Street will now focus on moves in Treasury yields, oil prices and expectations for the Federal Reserve’s October meeting after the Dow recorded its third consecutive weekly decline.