In a market retreat, the Nasdaq and S&P 500 pulled back from their record highs amid rising Treasury yields and oil prices. Investors remain cautious as they await the Federal Reserve’s meeting minutes. Meanwhile, forecasts show a significant increase in energy-sector profits for the third quarter, despite noticeable declines in chip stocks, particularly for Micron Technology and Nvidia, highlighting a trend of gains concentrated among a few major firms.
Foreign investors pull out $26.3 billion from emerging markets in September as hawkish Fed pushes US Treasury yields higher
Foreign investors pulled $26.3 billion from emerging-market stocks and bonds in September due to rising US yields. The hawkish Federal Reserve’s interest rate hike influenced
October 7, 2026