US stocks slip as oil gains keep traders cautious

Andre Janse van Vuuren & Levin Stamm / Bloomberg09-07 22:09

S&P 500 futures dropped 0.2% while Nasdaq 100 contracts gained. (Sept 8): US stock futures fell in cautious trading as an escalation in the Middle East pushed oil prices higher, adding to an already ...

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(Sept 8): US stock futures fell in cautious trading as an escalation in the Middle East pushed oil prices higher, adding to an already ...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/us-stocks/us-stocks-slip-oil-gains-keep-traders-cautious?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n","source":"edge_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US stocks slip as oil gains keep traders cautious</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS stocks slip as oil gains keep traders cautious\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-09-07 22:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/news/us-stocks/us-stocks-slip-oil-gains-keep-traders-cautious?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS><strong>Andre Janse van Vuuren & Levin Stamm / Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>S&P 500 futures dropped 0.2% while Nasdaq 100 contracts gained. 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(Sept 8): US stock futures fell in cautious trading as an escalation in the Middle East pushed oil prices higher, adding to an already difficult inflationary backdrop.\nBrent crude advanced toward US$98 a barrel 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 to manage shipping through the Strait of Hormuz.\nS&P 500 futures dropped 0.2% while Nasdaq 100 contracts gained. The Stoxx 600 fluctuated, with economically sensitive sectors among the biggest decliners as inflation concerns drove regional bond yields higher. South Korea's memory heavyweights were standouts in Asia as the release of OpenAI's GPT-6 model continued to fuel renewed enthusiasm for AI.\nIn currency markets, the yen strengthened to its highest level since February, surpassing the peak reached after July's intervention. The dollar fell 0.2%. Cash trading in Treasuries and US equities was closed for Labor Day. Copper surged to an all-time high.\nTraders are gearing up for a week jam-packed with events that will culminate in Friday's US inflation print, a reading that will go a long way to determining whether the Federal Reserve raises interest rates or holds them steady.\nAhead of the CPI report, the European Central Bank is widely expected to hike to stave off energy-driven inflation, while Treasury auctions will test demand for bonds with yields near multi-year highs.\n\"Markets will be adjusting their positioning heading into the Fed's blackout period. The risk is the Fed turning hawkish and that will be reflected in equities,\" said Geoff Yu, a senior macro strategist at BNY. \"Bond markets will remain nervy and we remain focused on fixed-income volatility.\"\nWhile economic data will likely be the biggest catalyst for markets this week, earnings will also help shape the outlook for key equity sectors. Results from Oracle Corp and Adobe Inc on Thursday will give investors a fresh read on AI infrastructure demand and the threat the technology poses to software makers.\nFor now, the earnings backdrop remains supportive. Investors should buy any dips in equities given a robust earnings outlook, said JPMorgan Chase & Co strategists. \nEven moderate central bank tightening would be unlikely to derail the positive backdrop for stocks unless inflation expectations change materially, said the team led by Mislav Matejka.\n\"As corporate profits remain on an uptrend, any bout of weakness in equity prices would leave them cheaper,\" the strategists wrote. \"We believe one should continue using the dips to add.\"\nUploaded by Isabelle Francis","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.49.0","shortVersion":"4.49.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2665214263","isCrawlerRequest":true}