10 things that mattered on Thursday, September 10, 2026
Oil jumped again and bond yields went with it: the 10-year Treasury yield had its largest one-day rise since May, and producer prices were running 9.9% above a year earlier. Stocks fell for a third straight session, and on the NYSE new lows outnumbered new highs five to one.
- 01
The S&P 500 fell 0.6%, its third straight loss
SPY closed at $757.89, 2.6% below its August 13 record. The Nasdaq 100 fell 1.1% and small caps lost 1.0%.
SPY, last six months SPY, last six months - 02
The 10-year yield jumped 11 basis points to 4.94%
That is the highest close since October 2023 and the largest one-day rise since May 15. The 2-year yield climbed 13 basis points to 4.56%, its highest since July 2024.
10-year Treasury yield (%), last twelve months 10-year Treasury yield (%), last twelve months - 03
Producer prices were up 9.9% from a year earlier
The all-commodities producer price index rose 1.0% in August. The annual rate climbed from 8.7% in July, though it remains below May's 12.2%.
Producer prices, year-over-year change (%), last five years Producer prices, year-over-year change (%), last five years - 04
Oil jumped 5.6% to its highest close since 2015
The oil fund USO closed at $158.38, its highest since June 2015. The latest Brent print, for Wednesday, was $109.51 a barrel, 62% above a year earlier.
USO (oil fund), last six months USO (oil fund), last six months - 05
New lows swamped new highs, 200 to 40
Net NYSE new highs were -160 with the S&P 500 only 2.6% off its record. The current episode of that pairing began September 9. In the eight earlier episodes since 2010, SPY was higher three months later three times.
NYSE-listed new highs minus new lows, last twelve months NYSE-listed new highs minus new lows, last twelve months - 06
Apple rose 3.5% after its iPhone event
The stock closed at $326.57 on 1.5 times its average volume, the first full session after Apple showed a $1,999 foldable iPhone and the iPhone 18 Pro line. TD Cowen repeated its Buy rating with a $400 target.
AAPL, last six months AAPL, last six months - 07
Uber's CEO bought about $10 million of stock
A Form 4 filed Thursday showed Dara Khosrowshahi bought 141,000 shares on the open market at an average of about $70.96. The stock rose 2.1% to $72.56 on nearly twice its average volume.
UBER, last six months UBER, last six months - 08
The VIX rose for a third day, to 17.84
It gained 1.38 points. Three-month volatility, at 19.73, is still higher, so the curve keeps its normal upward slope.
VIX, last six months VIX, last six months - 09
Jobless claims held at 207,000
Initial claims for the week to September 5 matched the week before. Continued claims slipped to 1.765 million from 1.775 million.
Initial jobless claims, last five years Initial jobless claims, last five years - 10
Due Friday: August consumer prices
The CPI report comes out before the open. In July, headline inflation ran at 3.3% and core inflation at 2.5%.
Data as of the Thursday, September 10, 2026 close. The ten items are picked by fixed rules from the site's daily data (the size of each move, signals that changed state, and economic releases weighted by importance), then checked and written by hand. Charts end on the brief's date. Research and education, not financial advice.