Taiwan stocks fell sharply on Thursday (the 10th) as Brent crude and U.S. light crude rose above $100 per barrel, while weaker-than-expected U.S. Treasury bond buybacks pushed long-term yields higher. The Taiwan Weighted Index dropped 242.87 points, or 0.51%, to 46,940.49 on turnover of NT$713.972 billion (approximately $22.6 billion), slipping below the 47,000-point psychological threshold. TSMC and MediaTek provided fundamental support after reporting record August revenue, but foreign selling, weaker global markets and bond-market pressure weighed on sentiment. TSMC fell 0.61% before reporting revenue of NT$514.8 billion, while MediaTek gained 2.05% after posting revenue of NT$64.183 billion. The three major institutional investors recorded combined net selling of NT$48.747 billion. Analysts expect the broader market to remain range-bound above its monthly moving average, with sector rotation and a buy-on-dips strategy favored over chasing rallies. External risks include oil-driven inflation, potential U.S. monetary tightening, the U.S. market pullback and a possible retest of monthly moving-average support.