Dow, S&P 500, Nasdaq Futures Decline Amid AI Concerns, Rising Oil Prices Ahead Of Fed Rate Week: RUM, ORCL, SMMT, USO Stocks In Focus
Rising oil prices amid the ongoing conflict with Iran have pressured long-term bond yields and also impacted stock markets ahead of the Fed’s September policy meeting. Brent crude futures expiring in November were up nearly 2.5% to trade at $107.20 a barrel, while WTI crude futures expiring in October were trading at $102.49 per barrel. … Read more