Wall Street Mixed as Soft PCE Offset by Rising Yields

S&P 500 fell 0.25% to close at 7,651.54, Dow dropped 0.86% to 50,906, while Nasdaq rose 0.24% to 26,861. Fed October hike odds fell below 40% after cooler inflation data, but long-term Treasury yields climbed with the 30-year reaching its highest since 2002 amid strong growth signals and oil prices.