Today, October 8, 2024, the U.S. stock market faced notable pressure, with all major indices closing in negative territory. A sharp rise in Treasury yields, which climbed above 4% for the first time since August, spooked investors. This, combined with concerns about rising oil prices due to the ongoing Middle East crisis, contributed to the market downturn. The S&P 500, Dow Jones, and Nasdaq all experienced significant declines as the market grapples with these macroeconomic factors​