Dow Jones Top Markets Headlines at 7 PM ET: Oil Near $100 Threatens U.S. Stocks' Stellar Run | U.S. ...

Dow Jones
09/09

Oil Near $100 Threatens U.S. Stocks' Stellar Run

Brent crude spiked above $99 a barrel before paring gains.

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U.S. Strikes Iranian Oil Tankers in Response to Tehran's Attacks on Navy Ships

The American attacks come after Iran targeted U.S. warships for the second time in three days as fears grow that Tehran's missiles are becoming more sophisticated.

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U.S. Stocks Fall After Saudi Oil Facilities Hit

U.S. stocks fell and Treasury yields hit multiyear highs after Yemeni rebels attacked Saudi Arabian energy facilities, pushing oil prices to their highest levels of the summer.

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Canada's Carney Vows to Backstop Economy as U.S. Trade Row Escalates

The prime minister said retaliatory tariffs on about $20 billion in U.S. goods that kicked in on Tuesday were necessary to protect domestic sectors and workers.

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U.S. Small Business Confidence Edged Lower Last Month

Confidence among U.S. small businesses pulled back slightly in August as uncertainty remained elevated and expectations for better business conditions declined.

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U.S. Employment Trends Index Rose in August, Conference Board Says

The Employment Trends Index, or ETI, rose to 108.53, from an upwardly revised 107.76 in July.

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Copper Scales New Heights on U.S. Tariff Fears, Supply Challenges

Copper prices climbed to fresh records on U.S. and UK exchanges as distortions to trade flows due to concerns over potential U.S. tariffs collided with supply challenges at key mines worldwide.

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Yemen's Houthi Militants Attack Saudi Energy Infrastructure

The attacks come as the U.S.-Iran war continues to disrupt energy flows through the Strait of Hormuz.

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U.K Pays Multi-Decade High Yields at Long-Term Debt Sale

The U.K. sold 4.25 billion pounds ($5.75 billion) in a long-dated debt sale at the highest yield since 1998, a sign of how rising borrowing costs are posing challenges for governments facing historically high levels of debt.

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ECB Set to Raise Key Rate Again, Signal Caution on Further Moves

The central bank is expected to raise its key interest rate to 2.5% from 2.25% on Thursday, as the eurozone's annual inflation rate in August reached the highest level in almost three years.

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German Exports Decline for First Time in Six Months

Goods exported in July to fellow European Union nations, alongside the U.K. and China, all fell back, but exports to the U.S. jumped almost 20% on month.

 

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