# Dow Rises 478 Points Under Rate Pressure

> Stock markets gain ground as Middle East tensions ease, but bond yields and inflation concerns loom.
- Title: Dow Rises 478 Points Under Rate Pressure · Kiplinger
- Summary: Stock markets gain ground as Middle East tensions ease, but bond yields and inflation concerns loom. Markets rallied on geopolitical relief, but rising…
- Keywords: dow jones industrial average, s&p 500, nasdaq composite, treasury yields, inflation expectations, consumer sentiment, iran middle east plan, oil prices, akamai technologies, anthropic, mgm resorts, people inc
- Source: Kiplinger — https://kiplinger.com/investing/stocks/dow-rises-478-points-under-rate-pressure-stock-market-today
- Published: 2026-09-25T20:11:15+00:00
- Read time: 2 min
- Topics: dow jones industrial average, s&p 500, nasdaq composite, treasury yields, inflation expectations, consumer sentiment, iran middle east plan, oil prices, akamai technologies, anthropic, mgm resorts, people inc
## Markets rally on Middle East relief
The Dow rose 478 points as Iran proposed a seven-day plan to end hostilities and reopen the Strait of Hormuz. Oil prices fell 2.5% on the news, easing inflation concerns.
## Dow ends three-week losing streak
The Dow Jones Industrial Average closed up 0.9% to 51,828, snapping a three-week decline. The S&P 500 added 0.5% and the Nasdaq Composite rose 0.5%.
## Treasury yields hit 52-week highs
The 10-year Treasury yield reached 5.156% and the 30-year hit 5.485%, both 52-week highs. Rising bond yields remain a broad concern heading into October.
## Consumer sentiment hits nine-month low
The University of Michigan Consumer Sentiment Index fell to 48.1 in September from 51.7 in August, the lowest reading since May. Concerns over high prices continue to climb.

> Views of current and year-ahead expected personal finances both weakened about 10% this month.
## Inflation expectations surge to 4.6%
Year-ahead inflation expectations rose to 4.6% in September from 4.0% in August, the highest level since June. This substantially exceeds the 3.4% seen in February before the Iran conflict began.
## Akamai lands $11.6 billion Anthropic deal
Akamai Technologies signed a seven-year, $11.6 billion contract to provide computing power to AI model leader Anthropic, with an option to add another $9 billion. The stock soared on the announcement.
## Guggenheim raises Akamai price target
Analyst John DiFucci raised his 12-month price target on Akamai from $190 to $225, citing the Anthropic deal's base annual recurring revenue as more than five times the company's 2025 cloud infrastructure revenue.
## MGM pursues People Inc. acquisition
MGM Resorts is considering a bid to buy People Inc., an unusual reversal after People withdrew its own offer to buy MGM. People holds a 27% stake in MGM valued at $2.5 billion.
## MGM stock gives back all gains
MGM declined 11% on Thursday, erasing all paper gains since People's $48.30 per share offer was announced on June 1. Wall Street questions whether the market is recognizing value in People's holdings.
## Key takeaway

Markets rallied on geopolitical relief, but rising Treasury yields and weakening consumer sentiment signal headwinds ahead.