US Close 29 September 2026: S&P 500 Slips 0.17% as the 30-Year Yield Hits a 2002 High and AAPL.US Falls 2.66%
S&P 500 close: 7,670.84 (-0.17%) Sentiment: mixed
The S&P 500 closed at 7,670.84 on 29 September 2026, down 12.85 points or 0.17%, as the 30-year Treasury yield rose to 5.62%, its highest since 2002, and AAPL.US fell 2.66% to $329.40. FICO.US lost 26.52% to $617.87 after the Federal Housing Finance Agency said Fannie Mae and Freddie Mac will price mortgages off one grid covering both FICO and VantageScore. The Conference Board consumer confidence index fell 6.7 points to 81.9, its lowest since 2014, against a forecast near 89.
At a glance
| Index | Close | Change |
|---|---|---|
| S&P 500 | 7,670.84 | -0.17% |
| Nasdaq Composite | 26,797.54 | -0.09% |
| Dow Jones Industrial Average | 51,349.92 | -0.26% |
| Russell 2000 | 2,807.92 | -0.35% |
| VIX | 16.04 | -0.19% |
US 10-year yield 5.255%, up 1.5 bp. US 30-year yield 5.62%, a sixth straight daily rise. US Dollar Index 101.39, up 0.19%. WTI crude US$88.94, down 3.95%. Gold US$4,215/oz, up 1.12%.
What moved the index
The S&P 500 lost about 17 bps on 29 September 2026, and AAPL.US alone cost about 17 bps.
| Driver | Move | Index contribution |
|---|---|---|
| AAPL.US | -2.66% | about -17 bps |
| NVDA.US, TSLA.US, GOOGL.US | -0.72%, -1.29%, -0.53% | about -10 bps |
| Financials, healthcare, staples, energy ETFs | -0.33% to -0.90% | about -13 bps |
| META.US, AVGO.US, AMAT.US, ORCL.US | +3.24%, +1.58%, +5.19%, +3.91% | about +19 bps |
| Utilities (XLU.US) | +1.17% | about +3 bps |
- Apple: AAPL.US -2.66% to $329.40 after Bank of America said AI shopping agents could move purchases outside the Apple ecosystem, and reports said CEO John Ternus is weighing cuts to middle-management layers.
- Rates and defensives: the 30-year yield at 5.62% came with financials (XLF.US) -0.33%, healthcare (XLV.US) -0.31% and staples (XLP.US) -0.52%. Energy (XLE.US) fell 0.90% as WTI dropped 3.95% on recovering Saudi Red Sea crude exports.
- AI hardware and Meta: META.US +3.24% to $738.79 on the launch of Muse for Small Business. AMAT.US +5.19% to $512.01 and AVGO.US +1.58% kept technology (XLK.US) flat at -0.02% despite Apple.
The drags sum to about -40 bps and the offsets to about +22 bps, a net of about -18 bps against the 17 bps index loss, on approximate index weights.
Session highlights
- 5.62% on the 30-year Treasury, the level last seen in 2002, after six straight daily rises. The 10-year closed at 5.255%.
- 81.9 on the Conference Board index, down from 88.6. August JOLTS job openings came in at 7.097 million against 7.228 million expected.
- FICO.US -26.52% to $617.87. Fannie Mae and Freddie Mac back about 70% of US mortgages, and the single pricing grid ends the price gap that favoured FICO scores over VantageScore.
- CCL.US +13.41% to $25.11 on fiscal Q3 adjusted EPS of $1.43, $0.08 above estimates, and full-year EPS guidance raised to about $2.24. RCL.US gained 7.45% alongside.
- BE.US +10.80% to $291.25 after Bloom Energy said ORCL.US remains committed to its Project Jupiter fuel-cell contract.
Sector scorecard
- Best: Utilities (XLU.US) +1.17%
- Worst: Energy (XLE.US) -0.90%
- Dispersion (best minus worst): 2.07 pts
- Technology (XLK.US) closed -0.02% with the widest internal spread: AAPL.US -2.66% against AMAT.US +5.19%, LITE.US +5.66% and GLW.US +4.70%.
- Materials (XLB.US) -0.75%, staples (XLP.US) -0.52%, communication services (XLC.US) +0.26%, industrials (XLI.US) +0.21%.
Top movers
Screen: $2 billion market-cap floor, 1 million average daily volume. Yahoo Finance closes confirm every percentage below.
| Ticker | Move | Reason |
|---|---|---|
| IOVA.US | +31.48% | 2026 revenue guidance raised to $410 million to $420 million, above the $403 million consensus |
| CCL.US | +13.41% | Fiscal Q3 EPS beat; full-year EPS guidance raised to about $2.24 |
| WRBY.US | +11.39% | Extended its run on the Google AI smart-glasses partnership |
| BE.US | +10.80% | ORCL.US reaffirmed its Project Jupiter fuel-cell contract |
| MGNI.US | +9.70% | Analyst target upgrades after the Google ad-tech ruling and an HP TV+ deal |
| QURE.US | -37.33% | 48-month AMT-130 Huntington's data lost statistical significance |
| FICO.US | -26.52% | FHFA single mortgage pricing grid for FICO and VantageScore |
| WGS.US | -11.80% | No new release; CMS proposed a 2027 sequencing reimbursement cut on 22 September |
| NESR.US | -11.14% | No company announcement; WTI fell 3.95% |
| PIPR.US | -9.72% | WSJ report of a possible bid for Perella Weinberg; PWP.US rose about 12% |
After-hours earnings
CNXC.US reported fiscal Q3 after the bell: non-GAAP EPS of $2.92 against a $2.76 consensus and revenue of $2.454 billion, down 1.2% year on year. Concentrix cut its 2026 revenue range to $9.83 billion to $9.88 billion from $9.93 billion to $10.03 billion, held its EPS range and raised the quarterly dividend to $0.37. Shares were down about 3.9% in after-hours trade, per the post-release coverage. UEC.US also reported after the close.
Notable announcements
- KMX.US +4.74% to $59.23 after fiscal Q2 EPS of $1.16 against a $0.75 consensus, with retail used-unit sales up 13.8%.
- ORCL.US +3.91% to $137.79 on the Bloom Energy confirmation.
- AMD.US -0.05% to $607.57 after agreeing to buy World Labs for $8.2 billion.
- SFTBY.US +6.44% to $20.50 with no company release.
Next session catalysts (ET)
- Wed 8:15am: ADP private payrolls, September
- Wed 8:30am: August personal income, spending and PCE price index, including core PCE
- Wed 9:45am: Chicago PMI, September
- Wed midnight: Fiscal-year 2026 federal appropriations expire unless Congress passes a funding bill or stopgap
- Wed 9:30am: first regular session for CNXC.US and UEC.US after their results
Context only. Not financial advice. Track your own trades with Swingfolio.