Wed Oct 7 — The S&P 500 fell 17.16 points to 7,801.77 after the 10-year hit a 24-year high of 5.361%; a strong $39 billion auction and FOMC minutes — "another increase likely by year end" — steadied the afternoon, while Caterpillar's ~6% drop dragged the Dow and biotechs carried healthcare to the top of the board.