loading
loading
Business News›Markets›US Stocks›News›Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Highlights: US stocks end lower as oil, yields crank up pressure ahead of Fed rate move LIVE BLOG US stocks fall as oil and Treasury yields rise ahead of Fed decision. Synopsis US Market | Dow Jones Highlights: US stocks fall as rising oil prices and a jump in Treasury yields pressure markets ahead of the Federal Reserve's rate decision. The 10-year Treasury yield rises to 5.01%, while Brent crude climbs to $109.35 a barrel. Consumer stocks slide, while Nvidia and AMD hold steadier. US stocks trade lower as rising oil prices and Treasury yields add pressure ahead of the Federal Reserve's interest-rate decision. The S&P 500 falls 0.4%, Dow Jones drops 0.6% and Nasdaq loses 0.8%. The 10-year Treasury yield rises to 5.01%, while Brent crude climbs 3.5% to $109.35 a barrel. Consumer stocks including Chipotle, Dollar Tree and Dave & Buster's decline sharply. AI stocks hold steadier after Monday's global selloff, with Nvidia and AMD gaining. Show more 1 New Update The U.S. stock market slipped as oil prices and the bond market cranked up the pressure on Wall Street. The S&P 500 fell 0.4% Tuesday. The Dow Jones Industrial Average dropped 0.6%, and the Nasdaq composite sank 0.8%. Read more Oil prices jumped more than $3 on Tuesday after Saudi Arabia suspended oil loadings at its Red Sea port of Yanbu and Libya halted operations at three oil fields amid attacks by Iran-backed Houthis, raising concerns that global supply disruptions could persist, Reuters reported. Read more Nvidia CEO Jensen Huang stated at a Salesforce event that new laws and government regulations are not required to ensure artificial intelligence safety. Instead, Huang argued that AI developers should self-regulate by pacing their deployments until they are confident their models are safe and value-aligned, allowing market forces and company discretion to manage risk. U.S. natural gas futures rose 0.8% to a one-week high of $2.919 per million British thermal units on Tuesday, driven by a temporary dip in daily production and forecasts for continued above-normal temperatures through late September. Daily output in the Lower 48 states was on track to hit a two-month low of 108.4 billion cubic feet per day, while late-summer heat is expected to keep power sector gas burn for air conditioning elevated. The price gains came despite expectations of a temporary demand decline next week and upcoming planned maintenance at Berkshire Hathaway's Cove Point LNG export facility. Speaking at Salesforce's annual Dreamforce conference on Tuesday, Anthropic CEO Dario Amodei and Salesforce CEO Marc Benioff highlighted that businesses are only utilizing 5% to 10% of artificial intelligence's current potential, emphasizing the need for better enterprise support to drive real adoption. The corporate leaders discussed their expanded partnership to integrate Anthropic's Claude models into Salesforce software, aimed at helping traditional companies catch up to the technology. Meanwhile, Nvidia CEO Jensen Huang told attendees that market forces and self-regulation would prove sufficient to manage AI safety risks without requiring new legislation. US 10-year Treasury bond yields climbed on Tuesday to its highest level since July 2007 as investors strongly anticipate a hike in the Federal Reserve interest rates tomorrow. Rising oil prices are adding to inflation concerns while markets are now preparing for what could be the first in a series of rate hikes, Reuters reported. Read more Citigroup Inc. disclosed its latest consumer credit metrics in a regulatory filing on Tuesday, reporting a credit card charge-off rate of 2.03% for the month of August. The Wall Street lender also revealed that its credit card delinquency rate stood at 1.29% at the end of the month, providing investors with a fresh glimpse into consumer health and credit quality across its retail banking portfolio. San Francisco based AI startup Factory has raised $200 million in a fresh funding round, tripling its valuation to $5 billion as investor appetite for enterprise AI coding tools continues to soar. Backed by prominent venture firms including Sequoia Capital, Khosla Ventures, and Blackstone, the company builds automated AI agents that handle software creation, testing, and maintenance for large corporate engineering teams. The massive valuation hike, coming just months after a $1.5 billion valuation in April, highlights rapid enterprise adoption of software automation platforms alongside aggressive fundraising across competing AI development tools. The National Highway Traffic Safety Administration has ordered Tesla to answer detailed questions by September 30 regarding how it self-certified its autonomous Cybercab robotaxi. As part of an ongoing federal probe, regulators are asking Tesla to clarify whether temporarily fitted human driver controls or other supplementary equipment were used to establish compliance with safety standards, ramping up scrutiny on the EV maker's commercial driverless vehicle platform. A federal judge has denied a request by Susquehanna International Group and Citadel Securities to keep millions of dollars in trading accounts frozen as their $70 million insider trading lawsuit proceeds. U.S. District Judge Arun Subramanian ruled that Susquehanna failed to present sufficient evidence of insider trading following a May regulatory crackdown on Chinese brokerages, noting the firm had not identified a tipper and that the transactions could be explained by routine momentum trading and algorithm-driven market strategies. The decision marks a significant setback for the quantitative trading firms, which took the unusual step of mounting a private civil action to recoup massive options losses incurred prior to the Chinese government's announcement. According to Bloomberg, Federal prosecutors have charged two Robinhood Markets Inc. engineers with fraud for allegedly using confidential information to execute illegal crypto trades. According to Manhattan federal prosecutors, Hefu Chai and Huaisong Xiang exploited nonpublic knowledge regarding when Robinhood planned to list new cryptocurrencies, using the insider insights to buy crypto-linked perpetual futures on the decentralized exchange Hyperliquid and generating over $50,000 each in illicit profits between 2025 and 2026. Robinhood stated that it immediately alerted law enforcement after investigating the matter, while defense counsel for Xiang maintained his client's innocence. AI startup Anthropic has released a new suite of features tailored for small businesses, expanding its Claude platform with 43 new workflows and 27 integrations for everyday business tools. Designed to help smaller firms automate tasks and streamline operations, the launch coincides with the kickoff of the next leg of Anthropic's Claude SMB tour aimed at driving adoption among small- and medium-sized enterprises. Coinbase Global Inc. announced on Tuesday that trading on its prediction markets platform experienced degraded performance due to an issue with a third-party service provider. The crypto exchange disclosed on its official status page that it is actively investigating the technical disruption and collaborating with the external vendor to resolve the outage and restore normal operations. Wells Fargo equity strategist Ohsung Kwon has lowered his year-end S&P 500 target from 7,950 to 7,700, bucking the broader Wall Street trend of raising forecasts as he turns cautious on technology stocks. Kwon downgraded the tech sector to equal-weight, citing growing political opposition to data centers, rising regulatory risks ahead of the midterm elections, and warning signs that the massive capital spending cycle in artificial intelligence could slow down after peaking. In contrast, he upgraded healthcare to overweight on expectations that prospective election results could boost ACA subsidies, while cautioning that overall market equity allocations have reached stretched historical levels. Copper prices touched their lowest levels in over three weeks on Tuesday as rising inventories at London Metal Exchange warehouses and high oil prices fed broader economic growth fears. LME copper stocks have jumped nearly 20% since mid-August, driven by previous spot premium dynamics, though prices managed a late session rebound to $14,084 per metric ton as traders covered short positions. Industrial metal demand remains constrained by elevated crude prices, while ongoing uncertainty over prospective U.S. copper import tariffs continues to disrupt global trade flows. U.S. Treasury Secretary Scott Bessent defended the agency's recent joint currency intervention with Japan on Tuesday, describing the financial commitment as modest while framing it as a strategic win for the U.S. economy. Testifying before the House Financial Services Committee, Bessent argued that supporting a stronger yen directly benefits American exporters by keeping U.S. goods competitive and helps stabilize interest rates by preventing the Japanese government from needing to sell off U.S. assets to bolster its currency. U.S. Treasury yields rose on Tuesday, with the benchmark 10-year Treasury note yield hitting its highest level since July 2007 as investors brace for what may be the first in a series of rate hikes from the Federal Reserve as it tries to tamp down inflation pressures. Bond markets around the globe saw yields rise, in part due to continued pressure from rising oil prices, which have boosted expectations for central banks around the globe to raise interest rates. The yield on the benchmark U.S. 10-year Treasury note rose 4.7 basis points to 5.008% after climbing to 5.041%, its highest since July 19, 2007, and was on track for its sixth advance in the past seven sessions. Delos Data has closed a funding round of more than $100 million to expand its Delos Nonstop AI platform, designed to deliver faster and more efficient artificial intelligence capacity. The capital injection was led by prominent backers including Matrix, Playground, Socratic Partners, Capricorn's Technology Impact Fund, Matter Venture Partners, and IAG, highlighting continued investor demand for foundational infrastructure supporting high-performance AI deployment. U.S. Treasury Secretary Scott Bessent defended the Treasury's recent buybacks of longer-dated national debt as a success on Tuesday, pointing to robust investor demand in two subsequent Treasury auctions. Speaking before a congressional hearing, Bessent highlighted that the interventions were intended to inject liquidity into the market and curb rising bond yields that elevate government debt servicing costs. Despite an initial rise in yields following the buyback operations, Bessent emphasized that the broader U.S. fixed-income market has performed strongly and noted that the subsequent bond auctions were among the most successful in two decades. Speaking at the Barclays global financial services conference, Morgan Stanley Co-President Dan Simkowitz noted that the bank's investment banking pipeline remains very robust. He emphasized that the financial sector is still relatively early in the broader dealmaking and capital markets cycle, while artificial intelligence financing in particular remains in its early to middle stages. Gold prices fell on Tuesday as a surging U.S. dollar and benchmark 10-year Treasury yields reaching multi-year highs diminished the appeal of non-yielding bullion. With Brent crude holding above $107 a barrel due to Middle East supply disruptions, rising energy prices have intensified inflation fears, leading investors to price in a quarter-point rate increase at the Federal Reserve's upcoming policy meeting. While gold typically serves as an inflation hedge, expectations that central bankers will signal higher rates for longer continue to weigh on the precious metal ahead of the central bank's rate decision. U.S. Treasury Secretary Scott Bessent said on Tuesday that rising bond yields were due to “global issues” but offered no other details about specific causes. Read more Goldman Sachs' asset management division has raised $11.7 billion across its latest private equity strategy and related vehicles, anchored by $9.6 billion for its flagship buyout fund West Street Capital Partners IX. The new capital, gathered from institutional and high-net-worth investors alongside substantial commitments from Goldman Sachs and its employees, will target mid-sized companies with enterprise values ranging from $500 million to $3 billion. With over a third of the funds already deployed into sectors like cybersecurity, medical devices, and sports management, the firm plans to invest the remaining capital over the next four years as it works toward growing its alternatives platform to $750 billion in assets by 2030. Morgan Stanley has joined a growing number of major Wall Street banks in taking a more hawkish view on global interest rates, forecasting additional monetary tightening by both the U.S. Federal Reserve and the European Central Bank as inflationary pressures remain persistent. Read more Programmable chipmaker Altera has confidentially filed for a U.S. initial public offering, joining a growing wave of semiconductor and artificial intelligence firms moving to capitalize on robust public market demand. The San Jose, California-based company, which produces specialized chips for data centers, defense, and AI applications, is reportedly preparing a deal that could raise more than $2 billion as early as this year. Backed by private equity firm Silver Lake and former parent Intel, which sold a majority stake in Altera last year at an $8.75 billion valuation, the listing is poised to be one of the semiconductor sector's largest stock market debuts in recent years. Healthcare services provider LYC Healthcare (Cayman) Ltd is targeting a U.S. initial public offering of up to 6.25 million Class A shares, according to a recent filing with the Securities and Exchange Commission. The company expects its shares to be priced at $4 each, setting the potential stage to raise up to $25 million in gross proceeds through the stock listing. OpenAI has revealed it is coordinating with top industry rivals Google DeepMind and Anthropic to address artificial intelligence safety risks, amid growing concern over potential economic and national security threats posed by advanced AI systems. Global policy chief Chris Lehane confirmed the ongoing discussions during a Washington briefing, explaining that the companies do not require an antitrust waiver to cooperate on safety initiatives and comparing the joint effort to established safety standards in the airline industry. The collaborative push follows widespread discussion sparked by Anthropic CEO Dario Amodei's essay advocating for measured development, though any legislative federal AI safeguards face significant political hurdles and resistance in Congress ahead of the upcoming midterms. With the 10-year Treasury yield climbing above 5% for the first time in nearly three years, Wall Street strategists are closely watching how higher borrowing costs and compressed equity risk premiums will impact U.S. stocks. The sharp rise in yields threatens high-growth technology shares with lofty valuations by diminishing the present value of future earnings and increasing corporate borrowing costs, even as the S&P 500 remains within 2.5% of its August record high. Market participants expect the immediate outlook for equities to hinge on the Federal Reserve's upcoming interest rate decision and signals from Chair Kevin Warsh, as investors hope for a clear indication that monetary tightening will be measured rather than aggressive. Liquefied natural gas importers across Asia and Europe are accelerating efforts to secure long-term contracts with U.S. suppliers as the ongoing war in Iran and prolonged transit blockages in the Strait of Hormuz disrupt Middle Eastern exports. With Qatar's primary export terminal severely damaged and spot market prices surging to roughly $30 per million Btu, energy companies in countries like Thailand, Pakistan, Bangladesh, and Japan are seeking long-term U.S. supply agreements linked to the cheaper Henry Hub benchmark to diversify their portfolios and protect against future shocks. The shift highlights a broader structural change in global energy markets, as North American supply continues to replace lost Middle Eastern volumes and the U.S. positions itself to supply nearly a third of global LNG by the end of the decade. - Mark Malek, chief investment officer of Muriel Siebert & Co. Cryptocurrency-linked stocks are tumbling as hopes fade that a comprehensive U.S. crypto regulation bill will advance this week, while Bitcoin dropped 3.6%. Artificial-intelligence stocks are holding a bit steadier following their worldwide slide the day before, as Wall Street overall makes few big moves in the countdown to a decision coming from the Federal Reserve. Read more Markets were pricing in a 92% probability of a Federal Reserve rate hike on Wednesday, according to Reuters. Investors are weighing persistent inflation, employment conditions and the Fed's policy outlook. Elsewhere, Dave & Buster's shares fell nearly 14% premarket after revenue missed expectations, while Coinbase and Strategy dropped more than 4.5% each as bitcoin declined nearly 3%. The benchmark US 10-year Treasury yield climbed to its highest level since 2007, rising 6.76 basis points to 5.0286%. Higher yields can reduce the appeal of equities by making relatively risk-free government debt more attractive. Recent data showing faster consumer price growth and a rise in underlying inflation have further strengthened concerns about borrowing costs. The Middle East conflict continued to support oil prices, raising concerns about a potential supply shock. Brent crude futures rose more than 2% to $108.06 a barrel, while US West Texas Intermediate futures gained more than 2% to $103.76. Higher energy prices are adding to inflation pressures and could complicate the outlook for interest rates. Several major technology stocks fell in premarket trading, with Alphabet and Microsoft down more than 1% each. Chipmakers, which bore the brunt of Monday's decline, traded in a narrow range, while Nvidia edged higher. The latest pressure on AI stocks followed calls from leading AI companies for slower technology development over safety concerns. US stock index futures slipped on Tuesday as rising crude oil prices, elevated Treasury yields and uncertainty around AI demand weighed on investor sentiment. Dow E-minis fell 0.65%, while S&P 500 E-minis and Nasdaq 100 E-minis declined 0.52% and 0.58%, respectively. The weakness followed a selloff in technology stocks on Monday.
Business News›Markets›US Stocks›News›Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Highlights: US stocks end lower as oil, yields crank up pressure ahead of Fed rate move LIVE BLOG US stocks fall as oil and Treasury yields rise ahead of Fed decision. Synopsis US Market | Dow Jones Highlights: US stocks fall as rising oil prices and a jump in Treasury yields pressure markets ahead of the Federal Reserve's rate decision. The 10-year Treasury yield rises to 5.01%, while Brent crude climbs to $109.35 a barrel. Consumer stocks slide, while Nvidia and AMD hold steadier. US stocks trade lower as rising oil prices and Treasury yields add pressure ahead of the Federal Reserve's interest-rate decision. The S&P 500 falls 0.4%, Dow Jones drops 0.6% and Nasdaq loses 0.8%. The 10-year Treasury yield rises to 5.01%, while Brent crude climbs 3.5% to $109.35 a barrel. Consumer stocks including Chipotle, Dollar Tree and Dave & Buster's decline sharply. AI stocks hold steadier after Monday's global selloff, with Nvidia and AMD gaining. Show more 1 New Update The U.S. stock market slipped as oil prices and the bond market cranked up the pressure on Wall Street. The S&P 500 fell 0.4% Tuesday. The Dow Jones Industrial Average dropped 0.6%, and the Nasdaq composite sank 0.8%. Read more Oil prices jumped more than $3 on Tuesday after Saudi Arabia suspended oil loadings at its Red Sea port of Yanbu and Libya halted operations at three oil fields amid attacks by Iran-backed Houthis, raising concerns that global supply disruptions could persist, Reuters reported. Read more Nvidia CEO Jensen Huang stated at a Salesforce event that new laws and government regulations are not required to ensure artificial intelligence safety. Instead, Huang argued that AI developers should self-regulate by pacing their deployments until they are confident their models are safe and value-aligned, allowing market forces and company discretion to manage risk. U.S. natural gas futures rose 0.8% to a one-week high of $2.919 per million British thermal units on Tuesday, driven by a temporary dip in daily production and forecasts for continued above-normal temperatures through late September. Daily output in the Lower 48 states was on track to hit a two-month low of 108.4 billion cubic feet per day, while late-summer heat is expected to keep power sector gas burn for air conditioning elevated. The price gains came despite expectations of a temporary demand decline next week and upcoming planned maintenance at Berkshire Hathaway's Cove Point LNG export facility. Speaking at Salesforce's annual Dreamforce conference on Tuesday, Anthropic CEO Dario Amodei and Salesforce CEO Marc Benioff highlighted that businesses are only utilizing 5% to 10% of artificial intelligence's current potential, emphasizing the need for better enterprise support to drive real adoption. The corporate leaders discussed their expanded partnership to integrate Anthropic's Claude models into Salesforce software, aimed at helping traditional companies catch up to the technology. Meanwhile, Nvidia CEO Jensen Huang told attendees that market forces and self-regulation would prove sufficient to manage AI safety risks without requiring new legislation. US 10-year Treasury bond yields climbed on Tuesday to its highest level since July 2007 as investors strongly anticipate a hike in the Federal Reserve interest rates tomorrow. Rising oil prices are adding to inflation concerns while markets are now preparing for what could be the first in a series of rate hikes, Reuters reported. Read more Citigroup Inc. disclosed its latest consumer credit metrics in a regulatory filing on Tuesday, reporting a credit card charge-off rate of 2.03% for the month of August. The Wall Street lender also revealed that its credit card delinquency rate stood at 1.29% at the end of the month, providing investors with a fresh glimpse into consumer health and credit quality across its retail banking portfolio. San Francisco based AI startup Factory has raised $200 million in a fresh funding round, tripling its valuation to $5 billion as investor appetite for enterprise AI coding tools continues to soar. Backed by prominent venture firms including Sequoia Capital, Khosla Ventures, and Blackstone, the company builds automated AI agents that handle software creation, testing, and maintenance for large corporate engineering teams. The massive valuation hike, coming just months after a $1.5 billion valuation in April, highlights rapid enterprise adoption of software automation platforms alongside aggressive fundraising across competing AI development tools. The National Highway Traffic Safety Administration has ordered Tesla to answer detailed questions by September 30 regarding how it self-certified its autonomous Cybercab robotaxi. As part of an ongoing federal probe, regulators are asking Tesla to clarify whether temporarily fitted human driver controls or other supplementary equipment were used to establish compliance with safety standards, ramping up scrutiny on the EV maker's commercial driverless vehicle platform. A federal judge has denied a request by Susquehanna International Group and Citadel Securities to keep millions of dollars in trading accounts frozen as their $70 million insider trading lawsuit proceeds. U.S. District Judge Arun Subramanian ruled that Susquehanna failed to present sufficient evidence of insider trading following a May regulatory crackdown on Chinese brokerages, noting the firm had not identified a tipper and that the transactions could be explained by routine momentum trading and algorithm-driven market strategies. The decision marks a significant setback for the quantitative trading firms, which took the unusual step of mounting a private civil action to recoup massive options losses incurred prior to the Chinese government's announcement. According to Bloomberg, Federal prosecutors have charged two Robinhood Markets Inc. engineers with fraud for allegedly using confidential information to execute illegal crypto trades. According to Manhattan federal prosecutors, Hefu Chai and Huaisong Xiang exploited nonpublic knowledge regarding when Robinhood planned to list new cryptocurrencies, using the insider insights to buy crypto-linked perpetual futures on the decentralized exchange Hyperliquid and generating over $50,000 each in illicit profits between 2025 and 2026. Robinhood stated that it immediately alerted law enforcement after investigating the matter, while defense counsel for Xiang maintained his client's innocence. AI startup Anthropic has released a new suite of features tailored for small businesses, expanding its Claude platform with 43 new workflows and 27 integrations for everyday business tools. Designed to help smaller firms automate tasks and streamline operations, the launch coincides with the kickoff of the next leg of Anthropic's Claude SMB tour aimed at driving adoption among small- and medium-sized enterprises. Coinbase Global Inc. announced on Tuesday that trading on its prediction markets platform experienced degraded performance due to an issue with a third-party service provider. The crypto exchange disclosed on its official status page that it is actively investigating the technical disruption and collaborating with the external vendor to resolve the outage and restore normal operations. Wells Fargo equity strategist Ohsung Kwon has lowered his year-end S&P 500 target from 7,950 to 7,700, bucking the broader Wall Street trend of raising forecasts as he turns cautious on technology stocks. Kwon downgraded the tech sector to equal-weight, citing growing political opposition to data centers, rising regulatory risks ahead of the midterm elections, and warning signs that the massive capital spending cycle in artificial intelligence could slow down after peaking. In contrast, he upgraded healthcare to overweight on expectations that prospective election results could boost ACA subsidies, while cautioning that overall market equity allocations have reached stretched historical levels. Copper prices touched their lowest levels in over three weeks on Tuesday as rising inventories at London Metal Exchange warehouses and high oil prices fed broader economic growth fears. LME copper stocks have jumped nearly 20% since mid-August, driven by previous spot premium dynamics, though prices managed a late session rebound to $14,084 per metric ton as traders covered short positions. Industrial metal demand remains constrained by elevated crude prices, while ongoing uncertainty over prospective U.S. copper import tariffs continues to disrupt global trade flows. U.S. Treasury Secretary Scott Bessent defended the agency's recent joint currency intervention with Japan on Tuesday, describing the financial commitment as modest while framing it as a strategic win for the U.S. economy. Testifying before the House Financial Services Committee, Bessent argued that supporting a stronger yen directly benefits American exporters by keeping U.S. goods competitive and helps stabilize interest rates by preventing the Japanese government from needing to sell off U.S. assets to bolster its currency. U.S. Treasury yields rose on Tuesday, with the benchmark 10-year Treasury note yield hitting its highest level since July 2007 as investors brace for what may be the first in a series of rate hikes from the Federal Reserve as it tries to tamp down inflation pressures. Bond markets around the globe saw yields rise, in part due to continued pressure from rising oil prices, which have boosted expectations for central banks around the globe to raise interest rates. The yield on the benchmark U.S. 10-year Treasury note rose 4.7 basis points to 5.008% after climbing to 5.041%, its highest since July 19, 2007, and was on track for its sixth advance in the past seven sessions. Delos Data has closed a funding round of more than $100 million to expand its Delos Nonstop AI platform, designed to deliver faster and more efficient artificial intelligence capacity. The capital injection was led by prominent backers including Matrix, Playground, Socratic Partners, Capricorn's Technology Impact Fund, Matter Venture Partners, and IAG, highlighting continued investor demand for foundational infrastructure supporting high-performance AI deployment. U.S. Treasury Secretary Scott Bessent defended the Treasury's recent buybacks of longer-dated national debt as a success on Tuesday, pointing to robust investor demand in two subsequent Treasury auctions. Speaking before a congressional hearing, Bessent highlighted that the interventions were intended to inject liquidity into the market and curb rising bond yields that elevate government debt servicing costs. Despite an initial rise in yields following the buyback operations, Bessent emphasized that the broader U.S. fixed-income market has performed strongly and noted that the subsequent bond auctions were among the most successful in two decades. Speaking at the Barclays global financial services conference, Morgan Stanley Co-President Dan Simkowitz noted that the bank's investment banking pipeline remains very robust. He emphasized that the financial sector is still relatively early in the broader dealmaking and capital markets cycle, while artificial intelligence financing in particular remains in its early to middle stages. Gold prices fell on Tuesday as a surging U.S. dollar and benchmark 10-year Treasury yields reaching multi-year highs diminished the appeal of non-yielding bullion. With Brent crude holding above $107 a barrel due to Middle East supply disruptions, rising energy prices have intensified inflation fears, leading investors to price in a quarter-point rate increase at the Federal Reserve's upcoming policy meeting. While gold typically serves as an inflation hedge, expectations that central bankers will signal higher rates for longer continue to weigh on the precious metal ahead of the central bank's rate decision. U.S. Tre
document fetched 2026-09-16 02:56