Weekly recap
SPY Week Ending Sep 25, 2026: AI Chips Outlast Yields
Week ending Friday, September 25, 2026. SPY gained 1.27%, on a Monday chip rally that rising yields then partly erased.
Watch the recapSept 24, 2026: 30-Year Yield Hits 2004 High, Hormuz Talks Pull Stocks Off Lows
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Watch on YouTube ↗ (opens in a new tab)The recap in focus
SPY slipped 0.08% on Thursday, September 24, 2026. A bond rout pushed the 30-year Treasury yield to 5.46%, its highest since 2004, and stocks opened lower. A midday report of US-Iran talks on reopening the Strait of Hormuz pulled SPY back to finish nearly flat at 767.18.
Key points
- 0130-year Treasury yield hits 5.46%, highest since 2004; 10-year touches 5.14%
- 02Jobless claims fall to 197K; odds of an October Fed hike jump to about 71%
- 03Brent holds above $106 a barrel, keeping energy-driven inflation fears alive
- 04Russell 2000 -1.77% and Nasdaq -0.78% lag as yields hit growth stocks; IonQ +12%
- 05Report of phased US-Iran Hormuz deal sends WTI to about $93 and stocks off their lows
More recaps
Daily recap
Sep 23, 2026 - SPY Slips as Yields Hit 2007 High, PMI Runs Hot, Fed Signals More Hikes
SPY daily recap for Wednesday, September 23, 2026. SPY closed at 767.81, down 0.72%, below the prior session's low but still above last week's high of 763.57 and about 1.5% under its 52-week high of 779.37.
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Daily recap
Sep 22, 2026 - SPY Flat as Chips Rally, Banks Slide, Oil Falls and Cisco Sinks 5%
SPY daily recap for Tuesday, September 22, 2026. SPY closed at 773.38, down 0.02%, inside the prior day's range and just under 6 points below its 52-week high of 779.37.
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