
Oil's Fourth Down Day Lifts Stocks Before A Trump-Xi Summit
Crude fell a fourth session on hopes of U.S.-Iran diplomacy, lifting stocks worldwide, as Washington and Beijing prepared for Thursday's summit.












Brian Curcio is the co-founder of Rapunzl, a financial literacy company that helps students in grades 6–12 build real money skills through a standards-aligned personal finance curriculum, a real-time stock market simulator, and free national scholarship competitions. He co-founded Rapunzl in Chicago in 2018 on a simple conviction: finance shouldn't stay locked in an “Ivory Tower,” reserved for a lucky few — every student deserves to understand money before the world asks them to use it. What started in a single Chicago high school has since reached more than 100,000 students nationwide, with a mission to ensure every student graduates high school financially literate and prepared. Brian was named to the Forbes 30 Under 30 list in 2023 for his work making financial education accessible in classrooms across the country, and he reviews and shapes the ideas behind Rapunzl's educator resources and blog.

Crude fell a fourth session on hopes of U.S.-Iran diplomacy, lifting stocks worldwide, as Washington and Beijing prepared for Thursday's summit.

Stocks posted their best day in six weeks and Treasury yields fell back after the Fed's hike, while the Bank of Japan raised rates to a 31-year high.

The Fed raised rates a quarter point to 3.75%-4.00% in a unanimous vote, most officials project one more this year, and oil fell for a second day.

The Fed is expected to raise rates today for the first time since 2023 as the 10-year Treasury yield closes at 5%, oil eases, and AI stocks rebound.

The 10-year Treasury yield topped 5% for the first time since 2007 as the Fed opened a two-day meeting, oil stayed near $108, and AI stocks split.

Markets are positioning for a possible Fed rate hike Wednesday as an AI-slowdown warning rattles chip stocks and oil jumps on a Saudi pipeline attack.

August core inflation ran hotter than expected, pushing odds of a Fed hike next week toward 90%, plus Oracle's $664B AI backlog and diesel's record $6.

Oil near $100 and hot wholesale prices pushed Fed rate-hike odds to about 70% and yields to multiyear highs, plus the ECB's hike to 2.50%.

Brent crude topped $100 for the first time since July as the U.S. and Iran traded strikes near Hormuz, plus Google's $15.1B Finland AI bet.

U.S. stocks fell as markets returned from Labor Day to oil near $100, Canada's retaliatory tariffs taking effect, and a $4B Qualcomm-Amazon AI chip deal.

August payrolls came in at 162,000 against a 53,000 forecast. Treasury yields jumped, stocks fell, and a September Fed rate increase is back in play.

Fed Governor Waller said he could back a September hold and yields eased. Nvidia is paying $12.9B for Hugging Face. Broadcom's record quarter, explained.

Private payrolls rose just 38,000 in August, the weakest since January, even as the 10-year Treasury yield climbed to 4.79%. The Fed's bind, explained.

Nvidia invested $3.5 billion to stay central to the AI buildout, while a Gulf flare-up pushed oil past $92 and lifted government bond yields worldwide.