US Treasury yields remained high, while US stocks were trading near the flatline, giving investors some relief. However, a drop in consumer confidence…
1/7US Markets | US stocks were largely flat on Tuesday as investors monitored movements in Treasury yields. The Dow Jones Industrial Average slipped about 50 points, or 0.1%, while the S&P 500 and Nasdaq Composite hovered around the unchanged mark.
2/7US Consumer Confidence | The Conference Board consumer confidence index fell 6.7 points to 81.9 in September, while economists polled by Dow Jones expected an increase to 89 from 88.6 in August. “Consumer appraisals of current business conditions became negative for the first time since September 2024. Perceptions of the current labour market also worsened, though remained within positive territory. Over the next six months, consumers expected both business conditions and the labour market to weaken. Consumers still anticipated their household incomes to rise, but less so compared to previous months,” said Dana Peterson, chief economist at The Conference Board.
3/7US job openings | US job openings fell in August to a five-month low, suggesting employers grew more cautious about expanding their workforces toward the end of the summer, while layoffs remained subdued. Available positions fell to 7.1 million from 7.3 million in July, according to Bureau of Labour Statistics data out Tuesday. The report also showed layoffs fell to the lowest level since March 2025. Hires edged up. The so-called quits rate, which measures the percentage of people voluntarily leaving their jobs each month, held at 1.9% — matching the lowest since 2020.
4/7US Treasury yields | Treasury yields were mixed in early trading on Tuesday, with the benchmark 10-year yield edging higher while the 30-year yield remained largely unchanged. The yield on the 10-year Treasury note was up 2 basis points at 5.264%, while the 30-year Treasury yield was flat at 5.589%. The moves came as investors monitored the bond market.
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5/7Crude oil | Oil prices came under pressure on Tuesday, with both major crude benchmarks trading lower. Brent crude fell more than 1% to around $103.97 a barrel, while West Texas Intermediate (WTI) crude declined 1.7% to $90.99 a barrel. The move put Brent about $1.05 below the $105 mark, while WTI was roughly $14.01 below $105 a barrel.
6/7US economic data | In the United States, the ADP National Employment Report is due at 5:45 PM IST, followed by the Core Personal Consumption Expenditures (PCE) Price Index month-on-month, final second-quarter Gross Domestic Product (GDP) growth rate quarter-on-quarter, Personal Income and Spending month-on-month, and Corporate Profits at 6:00 PM IST. The Metropolitan Employment & Unemployment data is scheduled for release at 7:30 PM IST, while the US Energy Information Administration (EIA) Weekly Petroleum Status Report is due at 8:00 PM IST.
7/7Index of Services Production | India’s services sector recorded broad-based growth in July 2026, with 17 of the 19 sub-sectors in the Index of Services Production (ISP) registering positive year-on-year growth, according to data released by the Ministry of Statistics and Programme Implementation (MoSPI). As many as 10 of the 19 sub-sectors recorded double-digit growth during the month, pointing to continued momentum across several parts of the services economy.