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Oil futures neared $100 a barrel as the war in Iran dragged on, weighing on stocks. The Dow Jones Industrial Average slipped 1.2%, or 626 points. The S&P 500 dropped 0.6%. The Nasdaq Composite dipped 0.
Bitcoin is defending its golden zone support while the S&P 500 grinds inside its tightest range yet, both waiting on Friday's inflation report before the Fed's September 16 rate call.
Stocks were under pressure as the war in Iran sent oil prices higher, but the conflict wasn't the market’s only hurdle. The tariff feud between the U.S. and Canada may also reintroduce a trade war into the mix. The Nasdaq Composite dropped 0.2%.
U.S. Stocks Slide as Rising Oil Prices Rekindle Inflation Fears
By Amanda Cooper and Pete Schroeder LONDON/WASHINGTON, Sept 8 (Reuters) - U.S. stocks fell on Tuesday morning, as attacks on energy facilities around the Gulf pushed oil to near $100 a barrel.
Sept 8 (Reuters) - Wall Street's main indexes were mixed at open on Tuesday as fresh hostilities in the Middle East pushed oil prices to their highest since late July, while markets await inflation
US equity futures were lower pre-bell Tuesday, coming off a three-day weekend as traders assessed ri
Oil climbed toward $100 a barrel after Houthi strikes on Saudi Arabia, lifting inflation fears and pushing Treasury yields higher
US equity investors are expected to focus on August's inflation data and the Iran war this week as c
U. S. stock futures were mixed on Tuesday as investors returned from the Labor Day holiday and assessed higher oil prices, rising bond yields, upcoming economic data and expectations for the Federal Reserve’s September policy meeting.
U. S. stock futures were mixed early Tuesday as investors returned from the Labor Day holiday and assessed higher oil prices, recent employment data and expectations for the Federal Reserve’s September policy meeting.
Investing.com - U.S. stock futures were mixed on Tuesday as investors returned from the Labor Day holiday to a fresh set of concerns, including rising oil prices, renewed inflation risks, higher bond yields and the possibility of a Federal Reserve rate hike next week.
The stock market’s No. 1 catalyst is fueling already elevated inflation.
US stock futures slipped on Tuesday as rising oil prices and inflation jitters took focus at the start of the holiday-shortened week.
History implores investors not to miss the forest for the trees.
Two questions are set to lead the week: Will the data push the Fed toward a rate hike, and what can Oracle tell Wall Street about the state of Big Tech's AI debt load?
Trump just opined that U.S. gross domestic product (GDP) can grow by “20%” if the Federal Reserve slashed interest rates.
Jerome Powell’s successor has flipped the script on inflation.
Traders now see a three-in-five chance of a rate hike when the Federal Reserve meets in mid-September.
US equity indexes closed mixed this week as government bond yields remained elevated after market ex
US equity indexes ended lower Friday after expectations of an interest rate hike increased following
Stocks slipped on Friday, as worries mounted that the Federal Reserve will hike rates later this month. Chip stocks were a bright spot with the PHLX Semiconductor Index rising 3.4%, but it wasn't enough to offset broader market weakness. Odds that the Fed will raise rates rose to 58% after the August jobs report was released Friday, according to the CME FedWatch tool.
S&P 500, Dow Slide as Strong Jobs Report Sparks Fresh Fed Rate-Hike Bets
(Updates with index/price moves from the first paragraph.) US equity indexes fell as market expec
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