CAT -5.45% ^DJI -0.59% DE -3.08% ^GSPC -0.23% ^IXIC -0.37% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
As of 11:36 AM ET, the S&P 500 (SNPINDEX:^GSPC) is down 0.51% to 7,779, the Nasdaq Composite (NASDAQINDEX:^IXIC) has slipped 0.55% to 27,449, and the Dow Jones Industrial Average (DJINDICES:^DJI) is trading 0.98% lower to 51,018 as the indices pull back from records set on Tuesday.
Gold prices have fallen 1.53% to $4,100.75, and the 10-Year Treasury yield is up 4 basis points to 5.31%, close to its highest level since 2002. Many sectors fell this morning, with industrials and basic materials dropping the most, while healthcare and consumer defensive stocks gained.
Caterpillar fell over 6%, weighing on the Dow after an analyst downgrade and investor jitters over artificial intelligence (AI) caused the industrial leader to pull back. Deere slid on news of a federal inquiry into agricultural equipment business practices. Webull tumbled 20% on reports that a congressional committee had raised concerns about its connections to China. Conversely, ZIM Integrated Shipping Services is climbing after raising its 2026 full-year guidance.
The recent stock rally stalled this morning as elevated Treasury yields came back into focus. Concerns about another uptick in attacks on crude supply chains, as well as potential hurricane concerns, also pushed oil prices upward. This afternoon, the Federal Reserve will release the minutes from its September meeting, and market participants will look for clues about policy direction, particularly on further rate hikes.
It can be hard to turn the volume down on these headline-driven fluctuations, particularly when valuations of key stocks and U.S. indexes are close to record highs, and there's a lot of uncertainty in the bond market. A long-term focus on quality stocks, an awareness of your risk tolerance, and a diversified portfolio can all help investors weather market turbulence.
Before you buy stock in S&P 500 Index, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and S&P 500 Index wasn't one of them. The 10 stocks that made the cut are built for long-term growth and could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $370,440!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,470,022!*
That performance is why people listen. With a track record of beating the S&P 500 by 4x, Stock Advisor offers a distinct advantage. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built for the long haul.
*Stock Advisor returns as of October 7, 2026.
Emma Newbery has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Caterpillar, Deere & Company , and Snowflake. The Motley Fool recommends Zim Integrated Shipping Services. The Motley Fool has a disclosure policy.
Stock Market Midday, Oct. 7: Rising Treasury Yields Pressure Stocks, Caterpillar tumbles over 6% was originally published by The Motley Fool
