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Wall Street Slips as Oil Prices Flag Inflation Risk
Oil and Treasury yields climbed, pushing eight S&P 500 sectors lower and sending the Dow, S&P 500 and Nasdaq down at the open.
- On Thursday, October 8, 2026, U.S. stocks opened lower as soaring oil prices and rising Treasury yields stoked inflation worries, with the Dow Jones Industrial Average falling 178.5 points, or 0.35 per cent, to 51,001.38.
- Persistent supply concerns in the Middle East pushed Brent crude futures up 4.2 per cent to over $US104 a barrel, while the benchmark 10-year Treasury yield hovered at 5.29 per cent near its highest level since 2002.
- Technology stocks led the decline, with Amazon, Tesla, and Nvidia falling between 0.3 per cent and 1.3 per cent, though Wolfspeed soared 9.6 per cent after receiving a $US1.5 billion conditional loan commitment from the Department of Defense.
- Broadcom is reportedly seeking $US50 billion for OpenAI financing, spurring concerns about technology companies' massive debt issuance, as JPMorgan Chase and other major banks prepare to report results next week.
- Fed Governor Christopher Waller noted "flexibility" regarding future rate hikes while acknowledging inflation targets; traders currently expect the Fed to hold rates steady at its October meeting, though a December increase remains possible.
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Why Are US Stock Futures Falling Today? Dow Jones, S&P 500 and Nasdaq Slip as Oil Surge Inflation Fears Ahead Fed Rate Hike Wall Street — Check What Investors Should Know
US stock futures fall as oil prices and Treasury yields fuel inflation fears, putting pressure on the Dow, S&P 500 and Nasdaq ahead of earnings.
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Wall Street Italia
Wall Street ItaliaWall Street opens the week with a fall, influenced by the increase in Treasury bond yields and the rise in oil prices. Federal Reserve Governor's statements and tensions in the Middle East play a key role in this scenario.
The New York stock market opened lower today, driven by rising oil prices and bond yields. At the open, the Dow Jones index fell 0.14% to 51,105.04 points. The S&P 500 index dropped 0.29% to 7,778.45 points, while the Nasdaq index declined 0.44% to 27,416.03 points.
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Total News Sources11
Leaning Left0Leaning Right2Center2Last UpdatedBias Distribution50% Center, 50% Right
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
50% Right
C 50%
R 50%
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