Tech leads Wall St to higher close as oil eases, Treasury yields dip

Tech leads Wall St to higher close as oil eases, Treasury yields dip

By Stephen Culp and Tharuniyaa Lakshmi

Thu September 17, 2026  

Yesterday’s news of the Saudis sending oil through Oman helped ease fears of a deepening fuel shortage which brought crude down and subsequent Treasury yields. And because of the slaughter the markets have recently endured, there was some bargain hunting going on too, all which combined for massive 3-digit gains all around which began right out the gate and stayed there steadily all day. As one might also guess, the recent panic in equities has translated to gold and silver mining stocks being the outperformers, advancing more than 3%.  

The VIX also dropped on easing oil prices and the market is already pricing in a 53% chance of another rate hike in October. Today’s weekly jobless report came in at lows not seen since 1969, further bolstering the sentiment that the economy is stable. Oil is the biggest issue. As today’s expert put it, “When you have an oil shock this lengthy, it's bound to start seeping in to prices all over the economy. It’s really the only major headwind right now.” Volume was way up at 17.57 billion, the average being 15.37 billion. 

DJ: 51,461.90  -631.21        NAS: 25,978.42  -3.15         S&P: 7,551.81  -33.92               9/16

DJ: 51,778.04  +316.14       NAS: 26,418.30  +439.88    S&P: 7,637.76  +85.95             9/17

Thu 9-17-26 4:50 pm Tech leads Wall St to higher close as oil eases, Treasury yields dip | Reuters