{
  "id": 12855206,
  "title": "Wall Street futures slide as rising oil, yields dampen mood",
  "url": "https://urgent.news/2026/10/08/wall-street-futures-slide-as-rising-oil-yields-dampen-mood-12855206",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-08T11:06:59.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today",
    "url": "https://www.freemalaysiatoday.com/category/business/2026/10/08/wall-street-futures-slide-as-rising-oil-yields-dampen-mood"
  },
  "original_language": "en",
  "account": "US stock market futures declined on Thursday, impacted by rising oil prices and increasing Treasury yields. Inflation concerns weighed heavily on investors, as oil prices surged nearly 4% and yields climbed. Despite Samsung Electronics' record quarterly profit of US$80.2 billion, chipmakers faced skepticism regarding the AI boom. Nvidia, Broadcom, and Micron Technology all saw their shares drop. Fears of technology companies' heavy debt issuance added to the market's unease. The S&P 500 and Nasdaq 100 slipped from previous record highs, while the Dow Jones Industrial Average paused its four-day winning streak. The weak performance continued into the day, with the S&P 500 futures falling 31.5 points and the Nasdaq futures dropping 180.25 points. Fed Governor Christopher Waller suggested a potential halt in rate hikes during the central bank's next meeting, though further increases might be necessary to curb inflation. Wolfspeed emerged as a standout performer among chipmakers, gaining 16.6% following a conditional loan commitment from the US defense department for domestic silicon carbide production. Applied Digital also reported strong results, with first-quarter revenue more than quadrupling to US$341.9 million.",
  "summary": "Traders widely expect the Federal Reserve to hold rates steady at its October meeting, but a December hike remains on the cards.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "Financial Times",
        "title": "How a trillion-dollar hedge fund borrowing spree became Wall Street’s cash cow",
        "url": "https://urgent.news/2026/10/08/how-a-trillion-dollar-hedge-fund-borrowing-spree-became-wall-streets",
        "published": "2026-10-08T04:00:09.000Z"
      },
      {
        "outlet": "Hedgeweek",
        "title": "Trillion-dollar hedge fund borrowing boom drives Wall Street prime brokerage profits",
        "url": "https://urgent.news/2026/10/08/trillion-dollar-hedge-fund-borrowing-boom-drives-wall-street-prime",
        "published": "2026-10-08T08:40:00.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Wall Street futures slide as rising oil, yields dampen mood",
        "url": "https://urgent.news/2026/10/08/wall-street-futures-slide-as-rising-oil-yields-dampen-mood",
        "published": "2026-10-08T11:06:59.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}