- Financial Times
US stocks waver as oil price rise adds to investors’ concerns
Wall Street stocks swung between gains and losses in early trade on Thursday after this week’s rise in oil prices increased traders’ concerns that it would fan inflation. Wall Street’s benchmark S&P 500 was up 0.1 per cent, while the tech-focused Nasdaq Composite was 0.2 per cent higher in choppy early trade in New York. Brent crude slipped 0.4 per cent to trade at $96.13 per barrel, having earlier hit $97 a barrel, its highest level since November.
- Benzinga
Asia Mostly Lower Amid US Rate Concerns, Europe Dips While Crude Flirts Around $94 - Global Markets Today While US Was Sleeping
On Wednesday, September 27, U.S. stock markets ended mixed, with investors oscillating between bargain hunting and concerns over increased Treasury yields and interest rate uncertainties. Additionally, a potential U.S. government partial shutdown due to legislative divisions kept investors on edge. In the S&P 500 sectors, utilities, sensitive to rates, saw the largest decline at 1.9%. Conversely, energy surged 2.5% as Brent crude surpassed $97 a barrel. The Dow Jones Industrial Average closed lo
- Yahoo Finance
Stocks jump as pressure abates from oil prices, bond yields: Stock market news today
Wall Street stocks opened in the red on Thursday, before recovering as investors digested fresh GDP data.
