Bloomberg Surveillance · Monday, September 28, 2026
US stocks opened lower to start the week, with the S&P 500, Dow, and Nasdaq all declining as oil prices and Treasury yields climbed, fueling inflation concerns. NVIDIA, however, surged in early trading after announcing a record $150 billion share buyback program.
“And as we know, stocks have been under pressure all morning long as oil and Treasury yields climb on concerns about higher inflation and the need for possibly more interest rate hikes.”
“The S&P 500 down 34 points to start our week, a loss there of four tenths of one percent.”
“Want to bring your attention to NVIDIA. That stock up 2.5% out of the gate after the chip giant boosted its share buyback by a record $ 150 billion.”