U.S. stocks fell Thursday as the 10-year Treasury yield rose as high as 5.34%, its highest level since 2002, after the Institute for Supply Management's prices-paid index exceeded expectations. The move reinforced expectations that the Federal Reserve could raise interest rates again this year, while West Texas Intermediate crude climbed above $92 a barrel. Jim Cramer said softer economic data would be needed to bring yields down, noting that higher bond yields make fixed-income investments more attractive relative to equities. The S&P Oscillator, a technical measure of market momentum, was firmly oversold at negative 5.1%, but Cramer cautioned that elevated yields could keep stocks under pressure. Micron shares fell despite what Cramer called a great quarter, with investors focused on its first-quarter gross-margin outlook and higher manufacturing capital spending. The company now has 26 strategic customer agreements, up from 16 last quarter, and Cramer described its outlook for the next couple of years as the best he had heard, while warning that near-term downside momentum remained. Micron could also use its growing cash pile for a potentially significant buyback after restrictions tied to U.S. government funding expire in December. Cardinal Health rose more than 3% after extending its pharmaceutical distribution agreement with CVS Health through June 2032 and reaffirming fiscal 2027 adjusted EPS growth guidance of 13% to 15%. Cardinal will report fiscal 2027 first-quarter earnings on Nov. 5. Thursday's rapid-fire segment also covered McCormick, Accenture and Toll Brothers.