S&P 500 fell 0.8%
The S&P 500 fell 0.76% on 23 September to close at 7706.03, a pullback that still left the benchmark near the top of its yearly range. The drop came after a firm stretch: the index was up 1.59% over the past week and 0.41% over the past month.
The broader trend stayed intact. The index finished 1.19% below its 52-week high of 7798.99 and 21.47% above its 52-week low of 6343.72. It held above its 50-day moving average of 7624.84 and its 200-day average of 7192.01 — averages of closing prices over those windows, used as a rough gauge of trend. Year to date the S&P 500 was up 12.57%, and over three months it had gained 4.62%.
The other major US benchmarks also fell on 23 September. The Dow lost 1.03%, the steepest of the three, and the Nasdaq slipped 0.69%. South Korea's KOSPI, whose latest close is also dated 23 September, rose 1.04%.
The remaining peers are dated 24 September, the day after the US session, so they show each market's most recent close rather than simultaneous trading. Europe was mostly softer: the FTSE 100 edged up 0.12%, while the DAX fell 0.18%, the CAC 40 0.16% and the Euro Stoxx 50 0.07%. In Asia-Pacific, the Nikkei rose 0.76%, but the Hang Seng slipped 0.29%, the TAIEX 0.28%, the ASX 200 0.72% and Shanghai 1.22%. India saw the heaviest selling, with the Sensex down 1.67% and the Nifty 50 down 1.64%.
Headlines focused on bond yields. According to a headline from Investopedia, stocks fell as the Nasdaq's record streak ended and Treasury yields rose to their highest level since 2007. An FXEmpire headline linked the drop to a hot PMI, a survey of business activity, which it said pushed the 10-year yield above 5%. A CNBC headline also cited surging yields, with the Dow down more than 300 points and the Nasdaq off 1%. That Nasdaq figure conflicts with the pack's closing change of minus 0.69%; this wrap uses the closing figure.
What the data establishes is a modest one-day decline that left the S&P 500 close to its highs and above its key averages. The headlines consistently associate the move with rising Treasury yields, but they are reports, not confirmed causes, and the pack contains no yield data to verify them.
The numbers
- Level 7,706.03, -0.76% on the day (as of 2026-09-23)
- 1-week +1.59% · 1-month +0.41% · 3-month +4.62% · YTD +12.57%
- 52-week range 6,343.72 – 7,798.99, 1.2% below the high
- Trading above its 50-day average and above its 200-day average
Around the world (same session)
- Nasdaq -0.69%
- Dow -1.03%
- FTSE 100 +0.12%
- DAX -0.18%
- CAC 40 -0.16%
- Euro Stoxx 50 -0.07%
- Nikkei +0.76%
- Hang Seng -0.29%
- Shanghai -1.22%
- KOSPI +1.04%
- TAIEX -0.28%
- ASX 200 -0.72%
- Sensex -1.67%
- Nifty 50 -1.64%
Recent headlines
- Markets News, Sept. 23, 2026: Stocks Fall as Nasdaq’s Record Streak Ends; Treasury Yields Rise to Highest Level Since 2007 — Investopedia (15h ago)
- Dow tumbles more than 300 points, Nasdaq drops 1% as Treasury yields surge: Live updates — cnbc.com (58m ago)
- Stock market today: Dow slips, Nasdaq posts fresh record with AI trade, Trump diplomacy in focus — Yahoo Finance (1d ago)
- S&P500 and Nasdaq Index: Hot PMI Sends 10-Year Yield Above 5% and Stocks Lower — FXEmpire (9h ago)
- Stock Market Today: Dow, Nasdaq, S&P 500 Futures Drop as Trump Threatens to 'Annihilate' Iran at UNGA—KB — Benzinga (22h ago)
- US markets today: Dow, S&P 500, Nasdaq futures indicate positive open; Maplebear, Worthington, other stocks to watch — Upstox (22h ago)
- US Stock Market Today: Dow Jones Falls 0.18%, S&P 500 Slips 0.03%, Nasdaq Drops 0.11% At Open as Oil Prices Rise & Treasury Yields Gain; Check Key Things Investors Should Know — The Sunday Guardian (21h ago)
- Markets News, Aug. 19, 2026: Indexes Rise, Ending Run of Declines; Bond Yields Drop as Treasury Increases Buyback of Longer-Term Notes — Investopedia (36d ago)
Sources
- Markets News, Sept. 23, 2026: Stocks Fall as Nasdaq’s Record Streak Ends; Treasury Yields Rise to Highest Level Since 2007 — Investopedia
- Dow tumbles more than 300 points, Nasdaq drops 1% as Treasury yields surge: Live updates — cnbc.com
- Stock market today: Dow slips, Nasdaq posts fresh record with AI trade, Trump diplomacy in focus — Yahoo Finance
- S&P500 and Nasdaq Index: Hot PMI Sends 10-Year Yield Above 5% and Stocks Lower — FXEmpire
- Stock Market Today: Dow, Nasdaq, S&P 500 Futures Drop as Trump Threatens to 'Annihilate' Iran at UNGA—KB — Benzinga
- US markets today: Dow, S&P 500, Nasdaq futures indicate positive open; Maplebear, Worthington, other stocks to watch — Upstox
- US Stock Market Today: Dow Jones Falls 0.18%, S&P 500 Slips 0.03%, Nasdaq Drops 0.11% At Open as Oil Prices Rise & Treasury Yields Gain; Check Key Things Investors Should Know — The Sunday Guardian
- Markets News, Aug. 19, 2026: Indexes Rise, Ending Run of Declines; Bond Yields Drop as Treasury Increases Buyback of Longer-Term Notes — Investopedia
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