Dow Jones snaps winning streak, loses over 300 points

US indices ended in the red on Sept. 25 as treasury yields rose, amid the anticipation of more economic data to help determine the possibility of a soft-landing scenario.

The Dow Jones Industrial Average ended a four-session winning streak, closing 0.7% or 293 points lower at 41,914 points.

The S&P 500 index fell by 0.2%, or 10 points, to 5,722 points. The Nasdaq Composite Index remained flat at 18,082 points, after hitting 18,155 points.

As for European markets, the STOXX Europe 600 inched down 0.1% to 519.1 points, pressured by energy, auto and banking sectors.

The British FTSE index dropped 0.15% to close at 8,268 points, while the French CAC 40 index edged down 0.5% to 7,565 points. The German DAX index fell 0.4%, or 78 points, to 18,918 points.

The Nikkei index dropped 0.2% to 37,870 points, and the broader TOPIX index fell 0.25% to 2,650 points.

In the oil market, futures contracts for Brent crude for November delivery declined by 2.25%, or $1.71, to $73.46 per barrel.

Meanwhile, prices of West Texas Intermediate (WTI) crude oil for November delivery fell 2.6%, or $1.87, to $69.69 per barrel.

As for gold, futures prices for the yellow metal for December delivery inched up 0.3%, or $7.7 to $2,684.7 per ounce, the highest of all times.