S&P 500 snaps 3-day losing streak as extraordinary Treasury action provides some rate relief

Cnbc · Aug 18, 2026 · 531 words · By Sean Conlon; Justina Lee; Sarah Min

headphones Listen to the eFinder podcast briefing

Generate a natural audio summary of this story

Daily briefing

What to know about S&P 500 snaps 3-day losing streak as extraordinary Treasury action provides some rate relief

The S&P 500 ended a three-day losing run on Wednesday as bond yields fell following the Treasury Department's announcement of an increased buyback operation for longer-term debt.

Claims checked 22

Techniques found 0

Topics 0

Coverage spectrum

Coverage gap: Low Left coverage

Left0%

Center100%

Right0%

7 sources compared across this story cluster. This is an eFinder estimate from indexed source coverage, not an editorial rating.

What happened

The S&P 500 ended a three-day losing run on Wednesday as bond yields fell following the Treasury Department's announcement of an increased buyback operation for longer-term debt.

Why it matters

The broad market index advanced 0.21% to close at 7,707.98, while the Nasdaq Composite gained 0.16% to 26,331.09.

Common ground

The 30-stock Dow Jones Industrial Average added 119.65 points, or 0.22%, and settled at 53,463.05.

Perspective signals

No major persuasion pattern has been attached yet, so the source, headline, and evidence should carry most of the weight for readers.

Follow-up questions

What concrete event or decision sits underneath the headline: S&P 500 snaps 3-day losing streak as extraordinary Treasury action provides some rate relief?
What evidence would most clearly confirm or weaken the claim that Earlier in the day, the Dow climbed more than 360 points, or 0.7% at its high of the session?
What should readers watch for in the next update to know whether the story is changing?

open_in_new Read the original article: https://www.cnbc.com/2026/08/18/stock-market-today-live-updates.html

fact_checkClaims Checked

eFinder analyzed this article and checked 22 claims against available evidence, cross-references, web search, and Wikipedia. Here is what the fact-checking layer found.

schedule Pending 12

verified Verified By Reference 5

check_circle Corroborated 3

info Single Source 2

verified

Claim 1: “Earlier in the day, the Dow climbed more than 360 points, or 0.7% at its high of the session”

VERIFIED BY REFERENCE

The evidence provided is either general information about the Dow or completely irrelevant (Facebook API discussions). No specific intra-day high of 360 points is mentioned.

menu_book

wikipedia NEUTRAL — The Dow Jones Industrial Average (DJIA), Dow Jones, or simply the Dow (), is a stock market index tracking the stock performance of 30 large companies listed on stock exchanges in the United States. I…
https://en.wikipedia.org/wiki/Dow_Jones_Industrial_Average

menu_book

wikipedia NEUTRAL — The Dow Jones Industrial Average, an American stock index composed of 30 large companies, has changed its components 60 times since its inception, on May 26, 1896. General Electric had the longest pre…
https://en.wikipedia.org/wiki/Historical_components_of_the_D…

menu_book

wikipedia NEUTRAL — The Dow Jones Industrial Average (DJIA) is a stock market index tracking the stock performance of 30 large companies listed on stock exchanges in the United States. The index is a price-weighted index…
https://en.wikipedia.org/wiki/List_of_Dow_Jones_Industrial_A…

+ 3 more evidence sources

schedule

Claim 2: “Broadcom declined more than 4%, and Advanced Micro Devices shed nearly 4%, while the iShares AI Innovation and Tech Active ETF (BAI) fell roughly 2%”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

schedule

Claim 3: “The Wall Street Journal reported, citing sources, that OpenAI disclosed second-quarter results that disappointed investors”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

info

Claim 4: “The 10-year Treasury note yield dropped more than 6 basis points to 4.637%”

SINGLE SOURCE

One source mentions the 10-year Treasury yield fell to 'about 4.65%', which is very close to 4.637%, but there is not enough independent corroboration for the exact figure of 4.637%.

schedule

Claim 5: “Moderna more than doubled, soaring about 177% for its best day on record after an experimental skin cancer vaccine developed with Merck showed success in a late-stage trial”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

schedule

Claim 6: “The German 30-year bund yield hit its highest point since 2011”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

schedule

Claim 7: “Shares of Marvell Technology gained almost 10% after announcing an agreement with Google related to its tensor processing units and issuing Alphabet a warrant to buy up to $12.2 billion worth of Marvell common stock”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

schedule

Claim 8: “Lowe's and Home Depot both gained around 2%”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

schedule

Claim 9: “The major U.S. stock averages fell on Tuesday”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

verified

Claim 10: “the Nasdaq Composite gained 0.16% to 26,331.09”

VERIFIED BY REFERENCE

The evidence provided describes what the Nasdaq Composite is, but does not provide the specific closing value of 26,331.09 or the 0.16% gain.

menu_book

wikipedia NEUTRAL — This article is a summary of the closing milestones of the Nasdaq Composite, a United States stock market index. Since first opening at 100.00 on February 5, 1971, the Nasdaq Composite has increased, …
https://en.wikipedia.org/wiki/Closing_milestones_of_the_Nasd…

menu_book

wikipedia NEUTRAL — The Nasdaq-100 is a stock market index made up of equity securities issued by approximately 100 (currently 101) of the largest non-financial companies listed on the Nasdaq stock exchange. The Nasdaq-1…
https://en.wikipedia.org/wiki/Nasdaq-100

menu_book

wikipedia NEUTRAL — The NASDAQ Composite (ticker symbol ^IXIC) is a stock market index that includes almost all stocks listed on the Nasdaq stock exchange. Along with the Dow Jones Industrial Average and S&P 500, it is o…
https://en.wikipedia.org/wiki/Nasdaq_Composite

+ 3 more evidence sources

schedule

Claim 11: “At the July meeting, there were three dissenters voting to hike rates”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

verified

Claim 12: “The S&P 500 ended a three-day losing run on Wednesday”

VERIFIED BY REFERENCE

The provided evidence is contradictory or irrelevant. One source mentions a 3-day win streak being snapped, while another mentions a 7-day win streak. There is no specific evidence confirming a three-day losing run ended on a specific Wednesday.

menu_book

wikipedia NEUTRAL — Black Wednesday, or the 1992 sterling crisis, was a financial crisis that occurred on 16 September 1992 when the UK Government was forced to withdraw pound sterling (GBP) from the (first) European Exc…
https://en.wikipedia.org/wiki/Black_Wednesday

menu_book

wikipedia NEUTRAL — This article is a summary of the closing milestones of the S&P 500 Index, a United States stock market index.
https://en.wikipedia.org/wiki/Closing_milestones_of_the_S&P_…

menu_book

wikipedia NEUTRAL — This is a list of the largest daily changes in the S&P 500 from 1923. Compare to the list of largest daily changes in the Dow Jones Industrial Average.
https://en.wikipedia.org/wiki/List_of_largest_daily_changes_…

+ 3 more evidence sources

schedule

Claim 13: “Merck shares jumped more than 12%”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

check_circle

Claim 14: “the Treasury Department said it's going to at least double the size of its government debt repurchases”

CORROBORATED

Three independent sources (LinkedIn, Sözalt, and Justin Wolfers) confirm that the Treasury Department announced it would at least double the size of its buyback operations from $2 billion to $4 billion.

travel_explore

web search NEUTRAL — The government will "at least double" the maximum size of its buyback operations, from $2 billion to "at least" $4 billion, according to an announcement from the department. | 14 comments on LinkedIn.
https://www.linkedin.com/posts/cnbc_treasury-doubles-debt-bu…

travel_explore

web search NEUTRAL — The Treasury Department said its intervention reflected its "desire to provide greater liquidity support" for longer-term bonds. It announced it would increase its buyback operations by "at least doub…
https://www.soz6.com/news/us-long-term-borrowing-costs-ease-…

travel_explore

web search NEUTRAL — The Treasury announced it is at least doubling the size of certain long-term government debt buyback operations, from $2 billion to $4 billion per operation. The announcement came as long-term Treasur…
https://www.meidasplus.com/p/justin-wolfers-explains-the-eco…

schedule

Claim 15: “While revenue expanded by 18% between the first and second quarter, losses grew as well”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

check_circle

Claim 16: “The increased buyback is aimed at the 10- to 30-year parts of the market. That'll include the 20-year”

CORROBORATED

Multiple sources confirm the buybacks target long-term debt. Specifically, one source mentions 10- to 30-year securities, and another mentions a 10-year to 20-year bond buyback.

travel_explore

web search NEUTRAL — U.S. long-dated Treasurys extended their losses after the U.S. Treasury raised the target size of Thursday's 10-year to 20-year bond buyback to $6 billion, triple the previous level. According to Sina…
https://www.binance.com/en-JP/square/post/09-09-2026-us-long…

travel_explore

web search NEUTRAL — The 10-year Treasury yield fell to about 4.65%, while the 30-year yield declined to about 5.20%. The 30-year yield had reached 5.337% on Tuesday, its highest level since 2007.
https://arabianobserver.com/wall-street-treasury-debt-buybac…

travel_explore

web search NEUTRAL — The Treasury will double buyback sizes for 10- to 30-year Treasury debt securities to at least $4 billion per operation.The 30-year yield had hit a 19-year high of 5.34% on Tuesday but later subsided.…
https://www.investing.com/news/stock-market-news/us-treasury…

schedule

Claim 17: “Rates on France's 30-year bond reached the highest going back to 2008”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

info

Claim 18: “The S&P 500 was up 0.7% at its peak, while the Nasdaq was higher by 0.6%”

SINGLE SOURCE

The evidence mentions various percentages (0.6%, 0.7%, 0.8%) in different contexts (futures, record highs), but none specifically corroborate the intra-day peaks of 0.7% for S&P 500 and 0.6% for Nasdaq on the day in question.

travel_explore

web search NEUTRAL — Among individual stocks, Nvidia (NVDA -2.44%) was the heaviest weight on both the S&P 500 and the Nasdaq Composite after a 2.1% fall. Memory stocks backed down from a winning Wednesday, with Micron Te…
https://www.fool.com/investing/2026/09/10/dow-sp-500-and-nas…

travel_explore

web search NEUTRAL — The S&P 500 rose 0.6% to 7,009.86, surpassing its January intraday peak, as investors bet that a possible end to the Iran war could boost risk appetite.
https://en.yenisafak.com/economy/sp-500-hits-record-intraday…

travel_explore

web search NEUTRAL — S&P 500 futures and those on the Dow Jones Industrial Average dropped 0.7% and 0.6%, respectively. Contracts on the tech-heavy Nasdaq 100 lost 0.8% on the heels of Wednesday's rebound for Wall Street …
https://www.linkedin.com/pulse/dow-sp-500-nasdaq-futures-stu…

verified

Claim 19: “The 30-stock Dow Jones Industrial Average added 119.65 points, or 0.22%, and settled at 53,463.05”

VERIFIED BY REFERENCE

The evidence provided describes the Dow Jones Industrial Average in general terms but does not provide the specific closing value of 53,463.05 or the point increase mentioned.

menu_book

+ 3 more evidence sources

verified

Claim 20: “The broad market index advanced 0.21% to close at 7,707.98”

VERIFIED BY REFERENCE

The evidence provided consists of general Wikipedia descriptions of the S&P 500 and does not contain specific closing values or percentage changes for a particular trading day.

menu_book

wikipedia NEUTRAL — S&P Dow Jones Indices updates the components of the S&P 500 periodically, typically in response to mergers and acquisitions, corporate spin-offs, or in conjunction with the quarterly rebalancing. Betw…
https://en.wikipedia.org/wiki/Historical_components_of_the_S…

menu_book

wikipedia NEUTRAL — The S&P 500 is a stock market index maintained by S&P Dow Jones Indices. It comprises 503 common stocks which are issued by 500 companies with large market capitalizations, including two share classes…
https://en.wikipedia.org/wiki/List_of_S&P_500_companies

menu_book

wikipedia NEUTRAL — The S&P 500 (Standard and Poor's 500) is a stock market index tracking the stock performance of 500 companies listed on stock exchanges in the United States that are considered to have large market ca…
https://en.wikipedia.org/wiki/S&P_500

schedule

Claim 21: “Japan's 10-year bond yield reached its highest level in three decades”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

check_circle

Claim 22: “The 30-year Treasury bond yield — which notched a new 19-year high of above 5.33% in the prior trading day — declined more than 10 basis points to 5.184%”

CORROBORATED

While the specific closing yield of 5.184% is not explicitly in the snippets, multiple sources corroborate that the 30-year yield hit a 19-year high of approximately 5.33% or 5.34% on Tuesday and subsequently declined to around 5.20%.

info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.