Stock Market Today: Futures Fall as Treasury Yields Continue to Climb; Tech Stocks Weigh; Trump-Xi Summit on Tap

• Wall Street indices ended lower on Wednesday as Alphabet and Amazon shares declined amid rising Treasury yields and geopolitical tensions involving Iran. • Microsoft plans to invest over $10 billion in cloud and AI infrastructure across the UAE, Saudi Arabia, Qatar, and Kuwait by 2030.

• L&T Finance Ltd saw a significant increase in open interest, which is the total number of outstanding derivative contracts, on September 24, 2026. • This surge in market activity occurred despite the stock's underperformance and general weakness across the Non Banking Financial Company sector.

• The Indian stock market fell on September 24, with the Nifty 50 closing 1.64% lower at 23,063 and the Sensex dropping 1,247 points. • Market declines were driven by a surge in US yields and a fire involving crude oil.

• Global stock markets mostly declined during early Thursday trading as investors reacted to volatility in oil prices and the U.S. bond market. • The Shanghai Composite dipped 1.2% to 3,888.37, while Hong Kong's Hang Seng lost 0.3% to 24,761.13.

• Wall Street futures declined recently as investors weighed uncertainties regarding the Middle East conflict ahead of scheduled talks between Donald Trump and Xi Jinping. • US Treasury Secretary Scott Bessent announced on Wednesday that the United States and China agreed to extend their economic truce until January 10.

• European Central Bank official Isabel Schnabel stated in Salsomaggiore Terme, Italy, that the energy shock caused by the war in Iran is persisting and expanding. • The shock has widened beyond initial expectations to now include diesel and gas prices.

• The European Central Bank reported that equity valuations in the euro area and the United States increased during the most recent review period. • Stock market gains were primarily driven by robust corporate earnings and a steeper yield curve, which is the difference between short-term and long-term interest rates.

• The European Central Bank reported on liquidity conditions and monetary policy operations conducted between May 6 and July 28, 2026. • Bank participation in these regular operations remained limited because banks had ample liquidity and access to alternative market-based funding.

• Norway's central bank, Norges Bank, raised its policy interest rate this morning to combat inflation. • The bank's monetary policy and financial stability committee increased the rate from 4.25% to 4.50%.

• Benchmark indices fell during afternoon trade as rising oil prices and high US Treasury yields weighed on domestic equities. • US private-sector output grew at its fastest pace in over five years in September, while a $70 billion five-year Treasury auction saw weak demand.

• European Central Bank policymaker Martin Kocher stated on September 24 that the bank will decide on interest rates on a meeting-by-meeting basis. • Kocher told the Austrian newspaper Kurier that the bank has no pre-committed rate path due to economic uncertainty and energy shocks from the Middle East conflict.