Market Highlights

Stocks struggled for direction in cautious trading as an escalation in the Middle East pushed oil prices higher, lifting bond yields in Europe and Asia .Brent crude rose above $97abarrel following the largest exchange of tanker attacks yet between Iran and the US. Traders also assessed reports of hits on Saudi Arabian oil infrastructure on the Red Sea and a potential accord between Iran and Oman tomanage shipping through the Strait of Hormuz .

A stronger-than-anticipated increase inUS jobs drove stocks and short-dated notes lower, with traders boosting their bets the Federal Reserve will raise rates this month .While analysts expect the September Fed decision will hinge on next week’s inflation data, swap contracts priced in an over 50%chance of ahike .The S&P 500 halted a back-to-back advance .Two-year yields, which are more sensitive to imminent policy, rose four basis points to 4.37%. Longer dated Treasuries were little changed .US markets will close Monday for a holiday .

Stocks rose the most in a month as Federal Reserve Governor Christopher Waller said he’d be willing to support holding rates steady if price pressures continue to show signs of easing . Money markets pared bets on a September hike . Short - dated Treasuries outperformed . The S&P 500 added 1.1%, with megacaps rallying . The dollar hit its lowest since May . Bitcoin topped $80 ,000 . The yen jumped as traders boosted wagers on Japanese rate increases and were on high alert to the risk of intervention . US oil settled around $91.

Stocks rose after a drop fueled by concerns about inflation, with attractive valuations and solid corporate earnings luring bargain hunters. The S&P 500 halted a three-day decline. Dell Technologies Inc. soared 16% on a solid outlook. A slowdown in the oil rally that had recently rattled global markets helped sentiment, though US crude settled above $90. Treasury yields edged lower after a surge to multi-year highs. The yen climbed, leaving traders on alert for further intervention. US equity-index futures fluctuatedas oil prices and Treasury yields stabilized. The yen jumped more than 1% against the dollar as investors focused on factors that could bolster the currency, while remaining wary of intervention risk.

A surge in oil prices rippled through global markets, hitting stocks and bonds on worries that higher energy costs will fuel inflation and force the Federal Reserve to boost rates. West Texas Intermediate crude topped $90 as fightingbetween the US and Iran escalated, raising concern about further disruptions in Strait of Hormuz flows.Those risks lifted global yields to the highest since 2008, reducing the appetite for equities at the start of a seasonally weak month. The S&P 500 lost 0.7%, also dragged down by a rout in chipmakers. Stocks remained under pressure while a selloff in bonds showed few signs of letting up as a sustained advance in oil prices fueled speculation that global policymakers will be forced to raise interest rates

A flare-up in geopolitical risks sent stocks and bonds lower as oil climbed, raising concerns about inflationary pressures that could make the Federal Reserve raise interest rates. Escalating tensions in the Middle East drove US crude near $86, with the rise in energy costs lifting Treasury 10-year yields to the highest since January 2025. The S&P 500 trimmed its August advance. Stocks kicked off September on a cautious note, with bond yields touching multi-decade highs as traders kept adding to bets that central banks will raise interest rates as soon as this month.

Wall Street traders sent short-term yields sharply higher as Federal Reserve Chair Kevin Warsh vowed to bring inflation to the target, boosting bets on a rate hike and stabilizing longer-dated bonds. In his first major speech since taking the helm of the central bank, Warsh appeased investors urging a strong determination in dealing with price pressures after a recent bout of Treasury volatility. Two-year yields climbed 11 basis points to 4.34%. Those on 30-year securities barely budged. The dollar rose. Gold fell. The S&P 500 erased an earlier gain as chipmakers dropped. Global stocks and gold retreated as hawkish comments from Federal Reserve Chair Kevin Warsh fueled bets on an interest-rate hike next month. Oil climbed as Middle East tensions flared.

A blockbuster outlook from Nvidia Corp. spurred gains in technology stocks, bolstering confidence in the artificial-intelligence trade that has powered the bull market. The nearly 9% surge in the giant chipmaker was the biggest since April 2025, adding $442 billion to its market value. That’s after the company said revenue will grow about 70% in the next fiscal year. Salesforce Inc. and CrowdStrike Holdings Inc. led software firms higher on solid forecasts. The Nasdaq 100 rose 1.4%. The tech rally lifted the S&P 500 even as most of its shares fell US stocks and Treasuries drifted as investors waited for Federal Reserve Chair Kevin Warsh to speak at Jackson Hole, looking for clarity on his economic outlook and strategy for bringing inflation back to target.

Wall Street traders sent stocks wavering in late hours after Nvidia Corp.’s earnings, with caution prevailing as bonds fell on bets the Federal Reserve will raise rates this year. An $809 billion exchange-traded fund tracking the S&P 500 fluctuatedafter the close of regular trading. Nvidia Corp. fell on a sales forecast that left some investors underwhelmed. Short-dated Treasuries underperformed. Money markets fully priced in a rate hike by December. While a key inflation gauge matched estimates, it was still well above the Fed’s target. US equity-index futures advanced as Nvidia Corp.’s bullish sales outlook reinforced optimism that this year’s artificial intelligence rally has further to run. Treasuries edged lower as traders slightly increased bets on interest-rate hikes.

Stocks rose as a decline in oil prices sent bond yields lower, with traders awaiting Nvidia Corp.’s earnings for clues on whether the outlook for artificial intelligence remains intact. A rebound in chipmakers halted a seven-day losing streak for the world’s most valuable company ahead of its results. The Nasdaq 100 outperformed major benchmarks. Brent crude settled below $90 on hopes for a revival of energy flowsthrough the Strait of Hormuz, with Iran and Oman discussing an interim framework Stocks rose as Asian semiconductor makers advanced ahead of Nvidia Corp.’s results, with traders looking to the chip bellwether’s earnings for the next beat in the artificial intelligence trade. Oil extended its decline.