Stock market news — Thursday, 24 September 2026

8% mortgage rates are ‘not an impossibility’ as the 30-year fixed rate surges

With the 10-year Treasury up sharply and the outlook for the U.S. economy looking unclear, some say 8% mortgage rates are back on the table.

Crude Prices Surge as Risks to Middle East Crude Supplies Intensify

November WTI crude oil (CLX26 ) is up +3.70 (+4.01%) today, and November RBOB gasoline (RBX26 ) is up +0.0553 (+1.66%). Crude oil and gasoline prices are moving sharply higher today, with gasoline posting a 4-month high. Crude prices…

Here's what happens to the economy when Treasury yields soar like they are now

Government debt costs leaped higher Wednesday, the product of multiple factors.

Yields are soaring to levels not seen in decades. What could stop the rout in bonds?

Bonds are the current obsession of Wall Street, and rightly so.

History shows financial calamities occur when rates rise rapidly like this: 'Something always breaks'

The 10-year Treasury note yield is spiking to levels not seen in years, and that may be a bad omen for financial markets.

MGM Resorts shares sink 11% after Barry Diller's People Inc. rescinds takeover offer

Barry Diller's People Inc. has rescinded its offer to buy the remaining public shares of MGM Resorts.

China confirms first AI talks with U.S. have taken place, hints at trade truce extension

Chinese confirmation of the AI discussions came just hours before President Xi Jinping was scheduled to begin talks with U.S. President Donald Trump.

Crude Prices Rally on Heightened Risks to Middle East Oil Supplies

November WTI crude oil (CLX26 ) closed up +2.45 (+2.66%) on Thursday, and November RBOB gasoline (RBX26 ) closed down -0.0074 (-0.22%). Crude oil and gasoline prices settled mixed on Thursday. Crude prices rose sharply on Thursday after…

Wheat Falls Lower on Thursday

The wheat complex saw some pressure on Thursday. Chicago SRW saw losses of 1 ½ to 5 ¼ cents at the close. KC HRW futures saw losses of 4 to 6 ½ cents at the final bell on Thursday. MPLS spring wheat was down 8 to 9 cents on the...

Corn Eases Lower as Export Business Disappoints

Corn futures rounded out the Thursday trade, with fractional to 2 ½ cent losses across the most contracts at the close. The CmdtyView national average Cash Corn price was down 1 1/4 cents at $4.83 3/4. The next 7 days are looking for a…

Soybeans Slip Lower on Thursday, as US/China News Remains Quiet

Soybeans were down fractionally to 4 cents across most contracts on Thursday, as news on the US/China front was quiet. The cmdtyView national average Cash Bean price was up 1/4 cents at $12.59. Soymeal futures were 30 cents to $5.80 led…

Cattle Slip Back on Thursday

Live cattle futures were a nickel to $1.85 lower in the front months on Thursday. Early cash trade has been reported at $348-355 dressed in the North, with $222-223 live sales. The Thursday Fed Cattle Exchange online auction showed no…

Crude Prices Rally on Heightened Risks to Middle East Oil Supplies

November WTI crude oil (CLX26 ) closed up +2.45 (+2.66%) on Thursday, and November RBOB gasoline (RBX26 ) closed down -0.0074 (-0.22%). Crude oil and gasoline prices settled mixed on Thursday. Crude prices rose sharply on Thursday after…

Tesla set to formally roll out Semi electric trucks at Nevada event

ADARx Pharmaceuticals prices $446.3M IPO at $17 per share

Anthropic seeks 50.1% voting control for co-founders ahead of IPO, The Information reports

Airbus identifies A321neo quality defect but says no safety risk

Dollar Supported by Higher T-Note Yields

The dollar index (DXY00 ) extended this week’s rally on Thursday to a 1.75-month high and finished up by +0.14%. The dollar was supported by a jump in the 10-year T-note yield on Thursday to a 19-year high of 5.18%, strengthening the…

Stocks Finish Mostly Lower as Bond Yields Soar

The S&P 500 Index ($SPX ) (SPY ) closed down by -0.02% on Thursday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down by -0.31%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.03%. December E-mini S&P futures (ESZ26 )…

Analysis-Oracle, Blue Owl project delay sends ripples through AI financing, sources say

Polymarket sues New York attorney general to block regulation of its prediction market

Trump-Xi summit in Washington features great fanfare but low expectations

3 things Micron investors need to watch as the stakes get higher

When Micron reports earnings next week, a Rosenblatt analyst expects to hear about additional customer agreements, rising prices and stock buybacks.

The S&P 500’s newest tech stock is now its best performer

Shares of data-storage company Everpure were leading S&P 500 gainers on Thursday.

Costco’s results beat expectations. Here’s why investors are still cautious.

Tariff refunds helped deliver a profit beat during Costco’s fourth quarter.

Goldman Sachs Initiates Coverage of United Therapeutics with Sell Rating

Fintel reports that on September 24, 2026, Goldman Sachs initiated coverage of United Therapeutics (NASDAQGS:UTHR) (BMV:UTHR) with a Sell recommendation.United Therapeutics Corporation, based in the United States, operates in the…

Stock futures inch lower as Dow heads for fourth straight losing week: Live updates

Bond yields continued their climb on Thursday while the Nasdaq and S&P 500 were flat.

Mark Zuckerberg debuts $1,299 Meta VR Glasses and Muse Charm pendant as part of AI agent push

At Meta Connect, CEO Mark Zuckerberg revealed new VR Glasses and the Muse Charm gadget for AI agents.

Stocks Pressured by Rising Crude Prices

The S&P 500 Index ($SPX ) (SPY ) is down by -0.36% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down by -0.44%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.55%. December E-mini S&P futures (ESZ26 ) are down -0.36%,…

MGM discusses bid for Barry Diller’s People Inc, WSJ reports

30-year fixed mortgage rate jumps sharply Thursday to 7.45%

The 30-year fixed rate surged to 7.45%, the highest level since April 2024 as bonds sold off and yields rose.

Meta gets to consumer AI device market before OpenAI, but Zuckerberg's strategy remains unproven

Meta CEO Mark Zuckerberg's new Muse Charm device is intended to put his company ahead of rivals like OpenAI and Google in AI agents and consumer hardware.

Stocks Retreat as Bond Yields Climb on Inflation Risks

The S&P 500 Index ($SPX ) (SPY ) is down by -0.41% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down by -0.58%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.68%. December E-mini S&P futures (ESZ26 ) are down -0.48%,…

Dry Conditions in West Africa Boost Cocoa Prices

December ICE NY cocoa (CCZ26 ) is up +71 (+1.28%) today, and December ICE London cocoa #7 (CAZ26 ) is up +63 (+1.53%). Cocoa prices are climbing for a second session today amid dry conditions in West Africa. Forecasts for below-normal…

Costco tops estimates as discount gas, bulk deals draw inflation-weary shoppers

Friday's big stock stories: What’s likely to move the market in the next trading session

The Dow Industrials closed lower on Thursday as Treasury yields continued to climb. The 30-stock index is heading for a fourth consecutive losing week.

‘We made a bad, bad decision’: I learned the hard way how to manage my aging father’s money

“When my father died, his trust was the Bible.”

Soaring Freight Costs Make Japan’s Crude Imports the World’s Most Expensive

Oil is increasingly getting more expensive before it even reaches a refinery. Freight now accounts for roughly a fifth of the cost of a crude cargo, turning the tanker market into a major driver of the price buyers pay. At the center of…

Demand Concerns Undercut NY Sugar Prices

October NY world sugar #11 (SBV26 ) closed down -0.17 (-0.96%) on Thursday, and December London ICE white sugar #5 (SWZ26 ) closed up +3.90 (+0.77%). Sugar prices settled mixed on Thursday. Demand concerns undercut NY sugar prices on…

New York sues Polymarket, alleging it is running an illegal gambling operation

The state wants to block Polymarket from operating without a gambling license and recover allegedly illegal gains.

Tesla poised to scale production of heavy-duty Semi trucks with opening of Nevada factory

Elon Musk's automaker is set to open its first heavy-duty truck factory in Sparks, Nevada, as Tesla seeks to expand its reach.

Cocoa Prices Climb on Slack Rains in the Ivory Coast

December ICE NY cocoa (CCZ26 ) closed up +62 (+1.12%) on Thursday, and December ICE London cocoa #7 (CAZ26 ) closed up +55 (+1.33%). Cocoa prices settled higher for a third consecutive session on Thursday amid dry conditions in West…

StoneX initiates coverage of BayCom with a Buy rating

Fintel reports that on September 24, 2026, StoneX initiated coverage of BayCom (NASDAQGS:BCML) (DB:B2J) with a Buy recommendation. Founded in 2004, BayCom Corp operates primarily in the banking industry within the United States,…

RedBird Capital to acquire majority stake in Puck at $250 million valuation, memo says

Australia says OpenAI agent hacked government website, checks for more breaches

Roth Capital Initiates Coverage of Energy Services of America at Buy

Fintel reports that on September 24, 2026, Roth Capital initiated coverage of Energy Services of America (NASDAQCM:ESOA) (DB:YF0) with a Buy recommendation.Prior to this coverage initiation, the stock closed at $10.80 on September 23,…

City Therapeutics files for US IPO as biotech listings surge

U.S. Federal Reserve moves on proposals to implement GENIUS Act for stablecoins

The Fed proposed rules on putting last year's GENIUS Act into place with regulations, including those governing stablecoin yield programs.

US airlines oppose China’s bid to add more flights

Major airline group opposes US diesel export ban, warning it could hike prices

Trump, Xi to attend state dinner after White House meeting

Trump greeted China's Xi at Joint Base Andrews, marking the U.S. president's first time traveling to the facility to welcome a foreign leader.

8% mortgage rates are ‘not an impossibility’ as the 30-year fixed rate surges

With the 10-year Treasury up sharply and the outlook for the U.S. economy looking unclear, some say 8% mortgage rates are back on the table.

Why a U.S. Diesel Export Ban Won’t Lower Fuel Prices

As the national average diesel price soared to a record $6.52 per gallon, the Trump Administration sent mixed signals this week about restricting U.S. diesel exports. The White House has denied that an export ban is in the works, even…

Crypto exchange Bitget says $352 million affected in a hack, claims user funds are 'safe'

Bitget CEO Gracy Chen announced the hack shortly after independent researchers flagged unusual wallet movements.

Morgan Stanley Initiates Coverage of IMAX at Overweight

Fintel reports that on September 24, 2026, Morgan Stanley initiated coverage of IMAX (NYSE:IMAX) (DB:IMA) with a Overweight recommendation.IMAX Corporation, based in Canada, operates as a leading innovator in entertainment technology,…

Bluerock Acquisition Corp. II prices $150M IPO on Nasdaq

Pete Hegseth reports at least $3.1 million in cash, investments and bitcoin

Defense Secretary Pete Hegseth reported at least $3.1 million in assets as he faces an impeachment push in Congress over his handling of the Iran war.

StubHub earns Moody’s upgrade to B2 as debt reduction efforts bear fruit

S&P Global upgrades AZZ to ’BB’ on rapid debt reduction and improving leverage

Surging Treasury yields pose a brand new problem for Kevin Warsh and the Fed

Markets expect the central bank will take a firmer hand on inflation. It's not that easy.

S&P Global raises Western Digital outlook to positive on surging AI demand

JP Morgan Upgrades Macerich to Overweight from Neutral

Fintel reports that on September 24, 2026, JP Morgan upgraded their outlook for Macerich (NYSE:MAC) (DB:M6G) from Neutral to Overweight.This rating action follows a prior upgrade by JP Morgan on June 17, 2026, when the firm raised its…

JP Morgan Upgrades Regency Centers Corporation - Preferred Stock to Overweight from Neutral

Fintel reports that on September 24, 2026, JP Morgan upgraded their outlook for Regency Centers Corporation - Preferred Stock (NASDAQGS:REGCP) from Neutral to Overweight. This rating action represents a shift from the firm's prior…

Mexico stocks lower at close of trade; S&P/BMV IPC down 0.02%

Colombia stocks lower at close of trade; COLCAP down 0.11%

Why investors aren’t buying yet another attempt by the Treasury to calm the rattled bond market

Back-to-back weak auctions for Treasury notes show that government repurchases haven’t spurred demand for bonds.

Point72 joins hedge fund peers in extending capital lockup terms - Bloomberg

DAY BY DAY Upgrades Sonova Holding AG - Depositary Receipt to Hold from Sell

Fintel reports that on September 21, 2026, DAY BY DAY upgraded their outlook for Sonova Holding AG - Depositary Receipt (OTCPK:SONVY) (DB:PHBA) from Sell to Hold.Prior to this rating action, the analyst firm DAY BY DAY maintained its…