# Stocks Drop as Rate Hikes Press

> Interest rate fears sink markets despite strong Q4 season.
- Title: Stocks Drop as Rate Hikes Press · Kiplinger | Shortify
- Summary: Interest rate fears sink markets despite strong Q4 season. Stocks fell as bond yields rose and oil prices dropped, but growth stocks remain resilient.
- Keywords: stocks, interest rates, nasdaq, sp500, dow jones, oil prices, treasury yields, consumer confidence, fico, anthropic, ipo, Drop
- Source: Kiplinger — https://kiplinger.com/investing/stocks/stocks-grind-lower-under-interest-rate-pressure-stock-market-today
- Published: 2026-09-29T20:09:09+00:00
- Read time: 1 min
- Topics: stocks, interest rates, nasdaq, sp500, dow jones, oil prices, treasury yields, consumer confidence, fico, anthropic, ai, ipo
## Stocks Fall
Main equity indexes dropped Tuesday as oil prices fell but bond yields rose.
## Key Indices Down
Nasdaq fell 0.09%, S&P 500 dropped 0.8%, Dow Jones dropped 0.7%.
## Oil Prices Drop
West Texas Intermediate crude fell 3.7% to $89.21 per barrel.
## Bond Yields Rise
30-year Treasury yield rose 2.5 basis points to 5.587%.
## Consumer Confidence Falls
Consumer confidence index dropped to 81.9, lowest since April 2014.
## Barclays Economist Notes
Barclays economist says inflation and gas prices hurt stock market.

> Concerns about sustained inflation, high gas prices, and job scarcity likely contributed to the overall decline
## Growth Stocks Hold
Growth stocks beat value stocks for 12 straight years despite rate hikes.
## Key takeaway

Stocks fell as bond yields rose and oil prices dropped, but growth stocks remain resilient.