Market Highlights

Wall Street traders refrained from making riskier bets in the countdown to the Federal Reserve decision, with stocks falling as elevated oil prices drove bond yields to multi-year highs. Almost 350 firms in the S&P 500 retreated. Benchmark 10-year yields hit 5%, the highest level in nearly two decades. Longer-dated Treasuries extended declines after a weak $13 billion sale of 20-year bonds. Brent crude settled around $109, fueling worries about inflation. Bitcoin tumbled as the US Senate blocked a landmark crypto market structure bill Stocks and bonds posted modest gains as investors held back ahead of the Federal Reserve’s interest-rate decision, with markets expecting its first hike since 2023. Oil’s rally paused.

A selloff in chipmakers dragged down stocks as leaders of artificial-intelligence giants proposed slowing the technology’s development, with elevated oil prices also weighing on sentiment. The rout in powerhouses like Nvidia Corp. and Broadcom Inc. sent a semiconductor gauge down by 5.9%. The Nasdaq 100 fell 0.8%. Bank of America Corp. led losses in financialshares on chief Brian Moynihan’s trading revenue warning. Brent crude topped $105, raising concern about inflation before the Federal Reserve decision. Treasury 10-year yields hovered near 5% Stocks dropped and Treasuries fell across the curve as a rally in oil prices fueled inflation concerns and bolstered bets on a Federal Reserve interest-rate hike. The dollar extended its gains

The final stretch of a jittery week on Wall Street saw stocks rising, with a decline in oil prices tempering concerns about inflationary pressures ahead of next week’s Federal Reserve decision. While money markets see a September Fed hike as an almost done deal after the latest consumer price index, equity buyers stepped in to halt a four-day drop in the S&P 500. Longer-dated Treasuries outperformed — underscoring bets the central bank will act to fight inflation and boost its credibility. Brent crude slipped from a four-month high, helping overall sentiment. Stocks and futures retreated after major artificial intelligence companies called for a slowdown in the technology’s development, raising concerns about a sector that has powered this year’s rally. Oil rose.

Another rally in oil prices spurred losses in stocks and bonds, with the latest inflation data reinforcing bets the Federal Reserve will lift interest rates soon amid pressures from higher energy costs. Brent crude touched $107 as Middle East tensions heightened supply worries . US diesel futures rose above $5a gallon for the first time since 2022 . Two - year yields jumped 11 basis points while those on 30 - year bonds hit the highest since 2007 . Traders boosted wagers on a Fed hike next week to 70% and fully priced in a move by October . The S&P 500 fell for a fourth straight day .

A rally in oil prices sent stocks and bonds lower, fueling concerns about higher interest rates just days ahead of key inflation data . Brent crude approached $100 , extending gains on a report that several explosions were heard from the anchorage area of Iran’s Kharg Island . The S&P 500 fell for a second straight session . The Dow Jones Industrial Average lost about 1%. Treasury yields advanced . Money markets priced in an over 50 % chance of a Federal Reserve rate increase this month.

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