Country: US | Published: 2026-09-25
US markets showed a split personality as rising yields pressured rate-sensitive names like utilities and software, while AI-linked stocks and chipmakers climbed on continued enthus
US markets showed a split personality as rising yields pressured rate-sensitive names like utilities and software, while AI-linked stocks and chipmakers climbed on continued enthusiasm for the theme. The Trump-Xi talks produced a trade truce that eased some tension, and core capital goods orders came in stronger than expected, though consumer sentiment slipped to a four-month low. Oil slid on US-Iran truce hopes, adding a calmer tone to energy markets even as investors look ahead to jobs and inflation data to gauge the rate path.