S&P 500 and Dow Jones slide as traders digest AI safety concerns, surging oil prices, and rising Treasury yields ahead of today's expected Fed rate hike.
10-year Treasury yield spikes to 5.02%, hitting its highest level since 2007 and adding pressure on tech and growth stocks.
Oil prices surge past $100/barrel, up nearly 20% in September alone, fueled by Middle East tensions and supply disruptions.
Wells Fargo cuts S&P 500 year-end target to 7,700, signaling...