Wall St slips as Middle East escalations lift oil; Trump-Xi talks in focus

October 9, 2026
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Wall St slips as Middle East escalations lift oil; Trump-Xi talks in focus

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Sep 24, 2026
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Wall Street fell as renewed Middle East tensions pushed Brent crude to $107 a barrel and drove the 30-year U.S. Treasury yield to its highest level since 2004. Technology stocks led declines, with Nvidia, Broadcom and Microsoft each slipping more than 1%, while Oracle dropped after reports of a force-majeure notice connected to a New Mexico data-center project. Investors also watched Donald Trump’s summit with Xi Jinping, which centered on trade, artificial intelligence, Taiwan and Iran.

Source: https://au.marketscreener.com/news/wall-st-slips-as-middle-east-escalations-lifts-oil-trump-xi-talks-in-focus-ce785aded081f521

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