Wall Street opens lower as yields and oil rebound
The Dow Jones fell 325.06 points, or 0.63%, at the open, as Treasury yields and oil prices rose while investors awaited minutes from the Fed’s September meeting.
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Rate Hike Odds Jump to 90% as Record Diesel Lifts Inflation: This Week on Wall Street
Traders spent this week repricing the Federal Reserve. The implied probability of an interest rate increase at next Wednesday’s meeting climbed from roughly a coin flip to about 90% after back-to-back inflation reports left little room to argue that price pressures are fading. Crude Above $100 Is Doing The Damage Thurs