Week in ReviewNo. 12
Week in review: S&P 500 slips 0.1% for the week
A look back at the week of September 14 across stocks, bonds, currencies and commodities — plus the economic calendar for the week ahead.
This archive edition was compiled from official historical data on September 23, 2026, when Diurna began publishing.
- S&P 5007,650.50▼ −0.08%
- Nasdaq26,522.55▲ +0.72%
- Dow51,682.64▼ −1.69%
- 10-yr yield5.01%▲ +5 bp
- EUR/USD$1.1460▼ −1.14%
- Gold$4,424.90▲ +0.36%
- WTI crude$100.30▲ +0.25%
- Bitcoin$80,844▲ +4.62%
Stocks
The S&P 500 fell 0.08% over the five sessions ended Friday, closing at 7,650.50 — its second consecutive weekly loss. Elsewhere, the Nasdaq Composite gained 0.72%, the Dow shed 1.69%, and the small-cap Russell 2000 fell 1.50%. The week's best day for the S&P 500 was Thursday (+1.14%); its worst was Monday (−0.48%). For 2026, it is up 11.8%.
Rates
The 10-year Treasury yield rose 5 basis points on the week at 5.01%. The 2-year yield climbed 13 basis points to 4.76%. The gap between the two stood at 25 basis points, with the curve upward-sloping.
Currencies and commodities
The euro lost 1.14% against the dollar for the week, to $1.1460, while the dollar rose 2.50% against the yen. In commodities, WTI crude rose 0.2% to $100.30 a barrel, gold gained 0.4% to $4,424.90 an ounce, and copper climbed 2.2%. Bitcoin rose 4.6% over the seven days to $80,844.
One month at a glance
S&P 500
7,650.50
−0.5% 1 mo
Nasdaq
26,522.55
+0.9% 1 mo
10-yr
5.01%
+30 bp 1 mo
Euro
$1.1460
−1.0% 1 mo
WTI crude oil
$100.30
+18.1% 1 mo
Gold
$4,424.90
+0.1% 1 mo
The week in numbers
| Instrument | Last | Week chg | Week % | ||
|---|---|---|---|---|---|
| Stocks | |||||
| S&P 500 | 7,650.50 | −6.48 | −0.08% | ||
| Nasdaq Composite | 26,522.55 | +189.51 | +0.72% | ||
| Dow Jones Industrial Average | 51,682.64 | −890.65 | −1.69% | ||
| Russell 2000 | 2,860.40 | −43.54 | −1.50% | ||
| Cboe Volatility Index | 14.81 | −1.03 | −6.50% | ||
| Treasury yields | |||||
| 3-month Treasury bill | 4.14% | +7 bp | — | ||
| 2-year Treasury | 4.76% | +13 bp | — | ||
| 5-year Treasury | 4.86% | +8 bp | — | ||
| 10-year Treasury | 5.01% | +5 bp | — | ||
| 30-year Treasury | 5.34% | −1 bp | — | ||
| Currencies | |||||
| Euro (EUR/USD) | $1.1460 | −0.0132 | −1.14% | ||
| Japanese yen (USD/JPY) | ¥157.89 | +3.85 | +2.50% | ||
| British pound (GBP/USD) | $1.3344 | −0.0164 | −1.21% | ||
| Chinese yuan (USD/CNY) | 6.6976 | −0.0106 | −0.16% | ||
| Canadian dollar (USD/CAD) | 1.4010 | +0.0152 | +1.10% | ||
| Swiss franc (USD/CHF) | 0.8257 | +0.0103 | +1.27% | ||
| Australian dollar (AUD/USD) | $0.7120 | −0.0053 | −0.73% | ||
| Mexican peso (USD/MXN) | 17.1776 | +0.2005 | +1.18% | ||
| Commodities | |||||
| WTI crude oil | $100.30 | +0.25 | +0.25% | ||
| Brent crude oil | $103.87 | −0.74 | −0.71% | ||
| Natural gas | $2.912 | +0.081 | +2.86% | ||
| Gold | $4,424.90 | +16.00 | +0.36% | ||
| Silver | $66.56 | +2.00 | +3.10% | ||
| Copper | $6.615 | +0.145 | +2.25% | ||
| Digital assets | |||||
| Bitcoin | $80,844 | +3,568 | +4.62% | ||
Weekly changes from the prior Friday's close. Yields in percent; changes in basis points (bp). Currencies are ECB reference rates. Commodities are front-month futures settlements.
The week ahead
No major U.S. releases are scheduled.
Times are Eastern. Schedules from the BLS, BEA and Federal Reserve; see the full economic calendar.
Chart of the week
Source: Board of Governors of the Federal Reserve System.
10-year real yield climbed to 2.68% in September 18 from 2.61% in the prior session. That is up from 1.75% a year earlier. Over the past 10 years it has ranged from -1.19% (August 2021) to 2.68% (September 2026).
What it measures. The yield on 10-year Treasury Inflation-Protected Securities — the return investors require after accounting for inflation.
Why it matters. Real yields capture the true cost of long-term borrowing and are a key input for valuing stocks, gold, and other long-lived assets. Higher real yields raise the bar every other investment has to clear.
Diurna briefs are compiled from official and exchange data by our publishing system using fixed editorial rules; they describe market moves and do not speculate about causes. This is not investment advice. How we produce the Daily Brief.