---
title: US Market Summary for September 24, 2026
description: U.S. markets faced pressure from rising Treasury yields, with mixed performances across indices. Earnings reports from Costco and BlackBerry highlight corporate resilience.
image: https://resources.quantel.ai/hubfs/Partners%20images/iStock-2260783305.jpg
---

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# US Market Summary for September 24, 2026

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By  

Quantel AI

Sep 24, 2026, 6:10:17 PM

|

1 mins

[![](https://resources.quantel.ai/hubfs/Social_Icons/linkcopy_icon.svg)](https://resources.quantel.ai/daily-market-summary/?rel=author)

![Featured image](https://resources.quantel.ai/hubfs/Partners%20images/iStock-2260783305.jpg)

#### Market Overview

U.S. markets faced a challenging day as rising Treasury yields continued to exert pressure on investor sentiment. The Dow Jones Industrial Average fell for the third consecutive day, closing down 161.61 points, while the S&P 500 ended marginally lower. The Nasdaq, however, managed to gain slightly, reflecting a mixed performance across the indices.

#### Earnings

In earnings news, Costco reported a strong fourth quarter, beating expectations largely due to tariff refunds that bolstered its profits. Meanwhile, Fuller announced its Q3 earnings, with pricing gains offsetting volume declines, resulting in an expansion of margins by 80 basis points. BlackBerry also made headlines by lifting its fiscal 2027 guidance on the back of record QNX revenue, showcasing a 26% growth in revenue.

#### Macroeconomics

The Federal Reserve is facing increasing pressure as surging Treasury yields signal a potential tightening of monetary policy. Markets are bracing for further rate hikes, which could complicate the economic landscape. Kevin Warsh's insights suggest that managing inflation will not be straightforward, as the central bank navigates these challenges.

#### Corporate News

In corporate developments, MGM Resorts saw its shares plummet by 11% after Barry Diller's People Inc. rescinded its takeover offer for the company. Additionally, a high-profile state dinner at the White House is set to feature tech titans mingling with Trump and Xi, as discussions around tariffs and trade continue to unfold.

#### Outlook

Looking ahead, the market's focus will likely remain on the implications of rising bond yields and the Federal Reserve's response to inflationary pressures. Investors will also keep an eye on corporate earnings reports, particularly from major players like AbbVie and Novo Nordisk, as they assess the health of the economy and potential investment opportunities.

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