Wall Street ended lower on Wednesday as long-term U.S. Treasury yields climbed and investors took profits after a run of record highs.
The S&P 500 and Dow snapped four-session winning streaks, while the Nasdaq posted its first decline in six sessions.
Oil and bonds drove the session
Brent crude’s move above $100 earlier in the day revived concerns that energy prices could keep inflation elevated and delay relief from high interest rates.
Stocks pared some losses after the International Energy Agency agreed to accelerate releases from emergency oil reserves.
Federal Reserve minutes showed disagreement over the central bank’s September rate increase, reinforcing uncertainty over the next policy move.
Sources
- NYSE/Nasdaq closing data and Federal Reserve minutes
- Reuters, Oct. 7, 2026
