U.S. stocks moved lower after the Labor Day weekend as elevated Treasury yields, renewed inflation concerns and a crucial week of economic data weighed on sentiment. At about 9:45 a.m. ET, the Dow Jones Industrial Average was down roughly 1%, or about 540 points, near 52,870; the S&P 500 traded around 7,707, down about 0.2%; and the Nasdaq Composite was near 26,507, down roughly 0.3%. The weakness followed a stronger-than-expected jobs report that lifted expectations for a Federal Reserve rate increase at its Sept. 15-16 meeting, while the 10-year Treasury yield was near 4.78%. Technically, the Dow fell below its 50-period exponential moving average near 53,237 and tested support around 52,800 to 52,900. The S&P 500 remained above its rising 50-period EMA near 7,670, and the Nasdaq stayed above its 50-day EMA near 26,060. Market performance was divided: Microsoft, Alphabet and Apple declined, while Intel, AMD, Broadcom and Tesla gained. HSBC raised its year-end S&P 500 target to 8,100 from 7,650 and expects earnings per share to grow more than 25% in the second half of 2026. Investors now await the August Producer Price Index on Thursday and Consumer Price Index on Friday, which could influence whether the Federal Reserve raises rates next week or waits for more inflation evidence.