Stocks Drop on Inflation, Economy Concerns

September 12, 2023
Rising oil prices and Treasury yields weighed on the major indexes ahead of the Fed's rate decision Wednesday.

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Get Schwab's view on markets and economy.

Stocks Tumble on Surging Treasury Yields

The major indexes fell for a third straight day as an ongoing climb in Treasury yields and the prospects for another Fed rate hike unnerved investors.

Closing Market Update

The major indexes fell for a third straight day as an ongoing climb in Treasury yields and the pro-spects for another Fed rate hike unnerved investors.

Today's Options Market Update

Stocks are lower across the board as yields on the 10-year breakout to 15-year highs.

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