--- title: "Stocks Rally as Oil Prices, Treasury Yields Cool" type: "News" locale: "en" url: "https://longbridge.com/en/news/299343995.md" description: "US stocks rallied with triple-digit gains in the Dow and Nasdaq, driven by cooling oil prices and easing Treasury yields. The 'Magnificent Seven' tech giants provided additional momentum. Investors largely ignored a slight drop in jobless claims, keeping focus on the Fed's recent rate hike. Individual stock movements included Peloton rising on call option interest, defense firm BlackSky gaining 7.3%, while Reddit fell 4.6% following significant insider sales." datetime: "2026-09-17T15:46:45.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/299343995.md) - [en](https://longbridge.com/en/news/299343995.md) - [zh-HK](https://longbridge.com/zh-HK/news/299343995.md) generator: "portal-rs" --- # Stocks Rally as Oil Prices, Treasury Yields Cool Easing Treasury yields and a roughly 1.3% drop in West Texas Intermediate (WTI) crude prices are **driving markets higher** this afternoon, with gains from the "Magnificent Seven" providing an additional boost. The Nasdaq Composite Index (IXIC) and Dow Jones Industrial Average (DJI) are up triple digits, while the S&P 500 Index (SPX) sports a notable gain as well. Investors are largely brushing off the latest jobs data, with weekly jobless claims falling by 10,000 to 196,000. The Federal Reserve's **decision to hike rates** yesterday remains in focus as well. *Continue reading for more on today's market, including:* - **Outlook cut** pummels popular energy storage giant. - Amazon deal triggers **Generac stock surge**. - Plus, bulls surround Peloton stock; defense name outperforming; and insider sales sink RDDT. **Peloton Interactive Inc (NASDAQ:PTON)** is trading 0.5% higher at $4.87 today, extending its stint at the site of its April lows, though it does look on track to snap a three-day losing streak. While the catalyst remains unclear, **bull traders** are moving in, with 46,000 calls across the tape so far. This is eight times the average rate, with the January 15, 2027 6- and 8-strike calls seeing the most attention. Near the top New York Stock Exchange (NYSE) today is **BlackSky Technology Inc (NYSE:BKSY)**, up 7.3% to trade at $23.10 amid broad-market gains. The **defense name** is headed for a fourth-straight daily climb. The $20 floor has been a steadfast line of support for all of 2026, the stock now sporting a 23% year-to-date lead. Online chat platform **Reddit Inc (NYSE:RDDT)** was last seen down 4.6% at $150.46, nearing the bottom of the NYSE after news broke that there has been several large executive stock sales, including 60,000 from Chief Operating Officer Jennifer Wong. **RDDT** has shed 43% over the past 12 months, with added resistance at the round $200 level. ### Related Stocks - [TSL.US](https://longbridge.com/en/quote/TSL.US.md) - [PTON.US](https://longbridge.com/en/quote/PTON.US.md) - [META.US](https://longbridge.com/en/quote/META.US.md) - [BKSY.US](https://longbridge.com/en/quote/BKSY.US.md) - [RDDT.US](https://longbridge.com/en/quote/RDDT.US.md) - [USO.US](https://longbridge.com/en/quote/USO.US.md) - [RDTL.US](https://longbridge.com/en/quote/RDTL.US.md) - [UCO.US](https://longbridge.com/en/quote/UCO.US.md) - [QQQ.US](https://longbridge.com/en/quote/QQQ.US.md) - [.DJI.US](https://longbridge.com/en/quote/.DJI.US.md) - [.NDX.US](https://longbridge.com/en/quote/.NDX.US.md) - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [METU.US](https://longbridge.com/en/quote/METU.US.md) - [DIA.US](https://longbridge.com/en/quote/DIA.US.md) - [QQQM.US](https://longbridge.com/en/quote/QQQM.US.md) - [BNO.US](https://longbridge.com/en/quote/BNO.US.md) - [SCO.US](https://longbridge.com/en/quote/SCO.US.md) - [DDM.US](https://longbridge.com/en/quote/DDM.US.md) - [UDOW.US](https://longbridge.com/en/quote/UDOW.US.md) - [DOG.US](https://longbridge.com/en/quote/DOG.US.md) - [SDOW.US](https://longbridge.com/en/quote/SDOW.US.md) - [DXD.US](https://longbridge.com/en/quote/DXD.US.md) - [QLD.US](https://longbridge.com/en/quote/QLD.US.md) - [TQQQ.US](https://longbridge.com/en/quote/TQQQ.US.md) - [PSQ.US](https://longbridge.com/en/quote/PSQ.US.md) - [QID.US](https://longbridge.com/en/quote/QID.US.md) - [SQQQ.US](https://longbridge.com/en/quote/SQQQ.US.md) - [QYLD.US](https://longbridge.com/en/quote/QYLD.US.md) - [JEPQ.US](https://longbridge.com/en/quote/JEPQ.US.md) - [QQQI.US](https://longbridge.com/en/quote/QQQI.US.md) - [FBL.US](https://longbridge.com/en/quote/FBL.US.md) - [FBY.US](https://longbridge.com/en/quote/FBY.US.md) - [FBYY.US](https://longbridge.com/en/quote/FBYY.US.md) - [METD.US](https://longbridge.com/en/quote/METD.US.md) - [METW.US](https://longbridge.com/en/quote/METW.US.md) - [MAGX.US](https://longbridge.com/en/quote/MAGX.US.md) - [ONEQ.US](https://longbridge.com/en/quote/ONEQ.US.md) - [QQEW.US](https://longbridge.com/en/quote/QQEW.US.md) - [QQQE.US](https://longbridge.com/en/quote/QQQE.US.md) - [RDYY.US](https://longbridge.com/en/quote/RDYY.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [AMZN.US](https://longbridge.com/en/quote/AMZN.US.md) - [GNRC.US](https://longbridge.com/en/quote/GNRC.US.md) ## Related News & Research - [Brent Tops $102 As Mideast Conflict Intensifies, HSBC Hikes Oil Forecast](https://longbridge.com/en/news/298584876.md) - [Oil prices set to end week over $100 for first time in nearly 4 months](https://longbridge.com/en/news/298661520.md) - [Lowering gas prices requires stopping climate shakedowns](https://longbridge.com/en/news/298951631.md) - [Mapping the Market: Mind the gap in US oil as Iran tensions escalate](https://longbridge.com/en/news/298712793.md) - [Fed Is Virtually Guaranteed to Hike Rates Tomorrow, According to This Statistic](https://longbridge.com/en/news/299086822.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**