US Stocks Fall for Fourth Day Amid Rising Oil Prices and Inflation Concerns
The US stock market declined for its fourth consecutive day on September 10, 2026, reaching its lowest level since July. The S&P 500 fell by 0.6%, while the Nasdaq 100 dropped by 1.1%. Rising oil prices, with WTI crude soaring approximately 7% to around $103 per barrel, contributed to the market's downturn.
The increase in oil prices and persistent inflation signals pushed US Treasury yields higher, with the 10-year yield surpassing 4.9%, its highest level in years. Amid this backdrop, Apple Inc. (AAPL) saw a notable increase in its stock price.
AAPL's current valuation suggests that the stock is modestly overvalued at 14.6% above its GF Value of $285.03. The company's strong brand loyalty and innovative products have positioned it as a leader in the technology sector, but its financial strength is ranked lower at 5/10 by GuruFocus.