What are today's top business/market headlines?

Here's a roundup of today's top business and market headlines (as of September 29, 2026):

Markets & Rates

•Wall Street closed lower Monday as Treasury yields jumped. Stocks fell Monday, weighed down by a jump in Treasury yields to start the week, with the Dow Jones Industrial Average dropping 347.11 points, or 0.67%, to end at 51,481.51. The S&P 500 slid 0.77% to end at 7,683.69, while the Nasdaq Composite slipped 0.92% to 26,820.38.

•The bond selloff continued into Tuesday trading, with New Zealand government bonds opening lower while futures pointed to losses for Australian debt after Treasury yields surged across maturities — the benchmark 10-year yield climbed as much as 11 basis points to 5.27%, a fresh 19-year high, while the 30-year rate jumped to 5.55%, as traders braced for the Fed to keep tightening policy.

Geopolitics Driving Oil & Inflation Fears

•The US-Iran standoff kept oil prices elevated, adding to inflation concerns and bets on further Federal Reserve interest-rate hikes.

•Oil climbed more than 3% on Monday, with Brent above $107 a barrel, after President Trump rejected a peace deal with Iran to resolve the conflict and reopen the Strait of Hormuz, as energy supply risks and inflation concerns supported the dollar and lifted expectations for tighter Fed policy.

•Markets priced a 65% chance of a quarter-point Fed rate hike in October.

Tech & AI Stocks

•Several AI stocks led the major indexes lower on Monday — Advanced Micro Devices and Micron Technology fell 3.6% and 2.6% respectively, while Amazon and Microsoft edged down 1% and Meta Platforms shed 4.8%.

•Nvidia was the exception: the stock popped 1.7% after the company announced plans to buy back an additional $150 billion worth of its shares, bringing the total value of its share repurchasing program to $235 billion.

Corporate/Aviation News

•Boeing shares dragged down the Dow, closing nearly 7% lower after the FAA said it wouldn't certify the 737 Max 10 until it assesses a new software glitch.

Economic Data

•U.S. stock markets closed higher Friday to end a volatile week, while the 1-year inflation index rose to 4.6% in September from 4% in August, and the 5-year inflation gauge edged up to 3.4% from 3.3%.

•Durable goods orders were largely unchanged in August against expectations of a decline, and rose 7.7% year-over-year.

Deals & M&A

•Seeking Alpha flagged that Apple discusses assembling, packaging iPhone components with Indian chipmakers, while Rail unions sound alarm on $85B Union Pacific-Norfolk Southern merger over safety and cost concerns.

Global Watchlist Today

•The Reserve Bank of Australia is due to release its interest rate decision, with market consensus expecting a rate of 4.60%, compared with the previous reading of 4.35%.

Overall theme: markets remain jittery over escalating Middle East tensions pushing oil and yields higher, reviving hawkish Fed expectations, while AI-related stocks show mixed performance amid buyback news and broader tech selloffs.

Citations (14)

1cnbc.comNews and mediaquality 0.85
Stock market news for Sept. 28, 2026
Source excerpt: “... Stocks fell Monday, weighed down by a jump in Treasury yields to start the week. The Dow Jones Industrial Average dropped 347.11 points, or 0.67%,...”
2cnbc.comNews and mediaquality 0.85
Stock market news for Sept. 28, 2026
Source excerpt: “The S&P 500 slid 0.77% to end at 7,683.69, while the Nasdaq Composite slipped 0.92% to 26,820.38. ”
3bloomberg.comNews and mediaquality 0.84
Stock Market Today: Dow, S&P Live Updates for September 29 - Bloomberg
Source excerpt: “New Zealand government bonds opened lower, while futures pointed to losses for Australian debt after Treasury yields surged across maturities. The ben...”
4bloomberg.comNews and mediaquality 0.84
Stock Market Today: Dow, S&P Live Updates for September 29 - Bloomberg
Source excerpt: “September 28, 2026 at 10:11 PM UTC · Save · Asian bonds looked set to track Treasuries lower as the US-Iran standoff kept oil prices elevated, adding ...”
5rallies.aiNot yet classified
Rallies
Source excerpt: “Oil climbed more than 3% on Monday, with Brent above $107 a barrel, after President Donald Trump rejected a peace deal with Iran to resolve the confli...”
6rallies.aiNot yet classified
Rallies
Source excerpt: “Markets priced a 65% chance of a quarter-point Fed rate hike in October. ”
7cnbc.comNews and mediaquality 0.85
Stock market news for Sept. 28, 2026
Source excerpt: “Several AI stocks led the major indexes lower on Monday. Advanced Micro Devices and Micron Technology fell 3.6% and 2.6% on the day, respectively. Ama...”
8cnbc.comNews and mediaquality 0.85
Stock market news for Sept. 28, 2026
Source excerpt: “However, Nvidia bucked the trend in hyperscaler and other AI stocks. The stock popped 1.7% after the company announced on Monday it plans to buy back ...”
9cnbc.comNews and mediaquality 0.85
Stock market news for Sept. 28, 2026
Source excerpt: “Boeing shares dragged down the index, closing nearly 7% lower after the Federal Aviation Administration said it wouldn't certify the aerospace giant's...”
10yahoo.comNews and mediaquality 0.69
Stock Market News for Sep 28, 2026
Source excerpt: “U.S. stock markets closed higher on Friday to close a volatile week. The 1-year inflation index rose to 4.6% in September from 4% in August. The long...”
11yahoo.comNews and mediaquality 0.69
Stock Market News for Sep 28, 2026
Source excerpt: “The Department of Commerce reported that the new orders for U.S. manufactured long lasing goods (durable goods) were largely unchanged in August, in c...”
12yahoo.comNews and mediaquality 0.69
Stock Market News for Sep 28, 2026
Source excerpt: “Year over year, durable goods orders increased 7.7% in August. ”
13seekingalpha.comNews and mediaquality 0.69
Top Stocks for 2026
14futunn.comNot yet classified
Jin10 Global Financial Morning Brief | September 29, 2026
Source excerpt: “The People's Bank of China and seven other departments jointly issued the "Guiding Opinions on Financial Support for Expanding Capacity and ...”