S&P 500, US78378X1072

S&P 500 heads into Thursday after 0.22 percent loss as yields rise

Published on 10/08/2026 at 13:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The index closed at 7,801.77 points on October 7 as higher Treasury yields pressured stocks; S&P 500 futures were down 0.3 percent before Thursday's open.

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The S&P 500 heads into Thursday after closing at 7,801.77 points on October 7, down 0.22 percent, as higher Treasury yields and renewed inflation concerns pulled stocks back from record levels. S&P Dow Jones Indices recorded the closing level, while Reuters linked the decline to rising long-dated Treasury yields and a rebound in oil prices.

In premarket trading on October 8, S&P 500 futures were down 0.3 percent as investors weighed earnings optimism against renewed inflation concerns, Yahoo Finance reported. The move follows the Federal Reserve's September meeting minutes, which indicated that most officials considered another rate increase likely to be appropriate before the end of 2026.

What comes next

The Labor Department is scheduled to release initial jobless claims at 8:30 a.m. ET on October 8, with a forecast of 200,000 claims against 197,000 previously. PepsiCo is also scheduled to release quarterly results before the open. A 30-year Treasury bond auction is due at 1:00 p.m. ET, according to the U.S. market calendar.

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