Dow Jones heads into Thursday after 0.7 percent loss as yields rise
Published on 10/08/2026 at 13:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
The Dow Jones closed at 51,180 points on October 7, 2026, down 0.7 percent, as rising Treasury yields and a hawkish reading of Federal Reserve minutes pressured equities, according to Reuters. The index heads into Thursday after ending a four-session winning streak.
Among the 30 Dow Jones components, Amgen gained 2.6 percent and Johnson & Johnson rose 1.4 percent on October 7, while Caterpillar fell 5.8 percent and Goldman Sachs lost 1.1 percent, according to LZZO.
Yields and Fed guidance weigh on the index
The 10-year Treasury yield reached 5.365 percent on October 7, its highest level since April 2002, before easing after the Treasury sold USD 39 billion of 10-year notes, CNBC reported. Minutes from the Federal Reserve's September meeting said most participants viewed another rate increase by year-end as appropriate.
Industrials were the weakest S&P 500 sector on October 7, while healthcare led the gainers, according to Reuters. Declining issues outnumbered advancing issues on the NYSE by 3.34 to 1, adding breadth evidence to the weaker session.
Dow futures point lower before the open
Dow Jones futures fell 0.6 percent in Thursday premarket trading, while the 10-year Treasury yield stood at 5.28 percent and the 30-year yield at 5.66 percent, according to Yahoo Finance.
What comes next
Federal Reserve Governor Christopher Waller is scheduled to speak at 4:30 a.m. ET on October 8, according to The Financial Current. PepsiCo is scheduled to release quarterly results before the open, followed by initial jobless claims at 8:30 a.m. ET. Investors will also watch the 1:00 p.m. ET 30-year Treasury auction listed in the day's calendar by Schwab Network.
