US stocks weakened for a third straight session as surging Treasury yields pressured valuations and borrowing costs. The Dow Jones Industrial Average fell 161.61 points, or 0.31%, to 51,349.98 on Thursday, while the S&P 500 slipped 0.02% to 7,704.13 and the Nasdaq Composite edged up 0.01% to 26,939.37. The 10-year Treasury yield rose to 5.223%, its highest level since June 2007, while the 30-year yield reached 5.501%, the highest since June 2004, and the 2-year yield touched 4.941%. CME FedWatch data showed traders assigning about a 71% probability to another Federal Reserve rate increase in October, up from roughly 55% a week earlier. Energy prices also advanced, with Brent crude settling above $106 a barrel and WTI crude at $94.61. Oracle shares dropped 3.5% after Bloomberg News reported potential complications involving a New Mexico data center development and the company’s use of force majeure provisions, which can address extraordinary circumstances affecting contractual performance. Economic indicators remained firm, with S&P Global purchasing managers’ indexes showing continued expansion in manufacturing and services. By Friday morning, US equity futures were stable to higher, while oil prices eased and gasoline averaged near $4.50. The University of Michigan was scheduled to release a consumer sentiment report Friday, offering an updated reading on inflation perceptions as autumn began.