U.S. equities fell as the benchmark 10-year Treasury yield jumped to roughly 5.11%—the highest since 2007—after S&P Global’s flash PMI and a soft five-year note auction reinforced rate-hike bets, market wraps carried by Kontan/Reuters and TradingKey summarized.

The Dow, S&P 500, and Nasdaq all posted Wednesday losses, with the Nasdaq off more than 1% from a fresh record. Fed Governor Michael Barr said further policy adjustments may be needed after last week’s hike, and futures priced elevated odds of an October move. Thursday brought speeches from New York Fed President John Williams and others onto the calendar.

Oil eased off highs near $102 Brent as Middle East diplomacy headlines competed with supply risks, while Japan’s 10-year yield hit a 30-year high in sympathy. Accounts agree the yield shock drove the equity selloff; they diverge on whether October is locked for another hike or whether one PMI print overstates persistence.

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Officials and independent outlets continue updating confirmed details as they become available. NewsHabit’s card sticks to multi-outlet confirmation for this edition and notes where accounts still diverge, without projecting outcomes that the published record does not yet support.