{
  "id": 4948514,
  "title": "US stocks: Wall Street ends lower due to higher yields, rising oil prices",
  "url": "https://urgent.news/2026/09/01/us-stocks-wall-street-ends-lower-due-to-higher-yields-rising-oil",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-01T21:47:01.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-wall-street-ends-lower-due-higher-yields-rising-oil-prices"
  },
  "original_language": "en",
  "account": "On Tuesday, September 1, US stocks experienced a significant decline as the global bond selloff intensified and crude prices surged due to the escalating US-Israeli war with Iran. All three major US stock indexes started the month on a negative note, closing lower as rising hostilities in the Middle East pushed up oil prices. The benchmark US Treasury yield continued to rise, reaching multiyear highs after hitting a 19-month high the previous day.\n\nInvestment strategy analyst Ross Mayfield from Baird explained that Kevin Warsh's hawkish remarks, coupled with the Iran conflict and rising oil prices, created a perfect scenario for a risk-off day in a market trading near all-time highs. Seasonal weakness may also be contributing to the downward trend, as September is historically the worst-performing month for US stocks since 1926.\n\nThe situation escalated when the US launched airstrikes against Iranian targets in the Strait of Hormuz, following Treasury Secretary Scott Bessent's announcement of potential new sanctions against Iran. Iran responded by threatening to halt oil exports from the Gulf, further driving up crude prices and adding to inflation concerns. The FedWatch tool indicated a 68.2% probability that the Federal Reserve would raise interest rates by 25 basis points at its September meeting, up from 39.6% a week prior.\n\nJob market reports and Purchasing Managers' Index data suggested that the US economy is facing challenges, with high prices, supply constraints, and uncertainties arising from tariffs and geopolitical strife. The Dow Jones Industrial Average fell 0.79%, the S&P 500 dropped 0.71%, and the Nasdaq Composite lost 1.03%. Energy stocks gained, while consumer discretionary suffered the largest percentage loss. The Dow Jones Transportation Average saw the biggest decline, and declining issues outnumbered advancers by a 2.8-to-1 ratio on both the NYSE and Nasdaq.",
  "summary": "All three major indices declined on the first day of September, historically the worst-performing month for US stocks",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 8,
    "also_reported_by": [
      {
        "outlet": "Seeking Alpha News",
        "title": "Wall Street slides as yields remain elevated at the start of September",
        "url": "https://urgent.news/2026/09/01/wall-street-slides-as-yields-remain-elevated-at-the-start-of-september",
        "published": "2026-09-01T16:35:37.000Z"
      },
      {
        "outlet": "PBS NewsHour",
        "title": "Stocks slip on Wall Street under pressure from rising oil prices, bond sell-off",
        "url": "https://urgent.news/2026/09/01/stocks-slip-on-wall-street-under-pressure-from-rising-oil-prices-bond",
        "published": "2026-09-01T17:48:23.000Z"
      },
      {
        "outlet": "The Sydney Morning Herald",
        "title": "ASX set to slump as Wall Street falls on higher oil prices, yields",
        "url": "https://urgent.news/2026/09/01/asx-set-to-slump-as-wall-street-falls-on-higher-oil-prices-yields",
        "published": "2026-09-01T19:18:24.000Z"
      },
      {
        "outlet": "The Age",
        "title": "ASX set to slump as Wall Street falls on higher oil prices, yields",
        "url": "https://urgent.news/2026/09/01/asx-set-to-slump-as-wall-street-falls-on-higher-oil-prices-yields-4926374",
        "published": "2026-09-01T19:18:24.000Z"
      },
      {
        "outlet": "Straits Times Business",
        "title": "Wall Street ends lower as higher yields, rising oil prices mark shaky start to September",
        "url": "https://urgent.news/2026/09/01/wall-street-ends-lower-as-higher-yields-rising-oil-prices-mark-shaky",
        "published": "2026-09-01T20:29:09.000Z"
      },
      {
        "outlet": "Qatar Tribune Business",
        "title": "Wall Street opens September lower on oil, inflation fears",
        "url": "https://urgent.news/2026/09/01/wall-street-opens-september-lower-on-oil-inflation-fears",
        "published": "2026-09-01T21:26:00.000Z"
      },
      {
        "outlet": "CNBC World",
        "title": "Stock futures are little changed after Wall Street posts third straight losing day: Live updates",
        "url": "https://urgent.news/2026/09/01/stock-futures-are-little-changed-after-wall-street-posts-third",
        "published": "2026-09-01T23:10:02.000Z"
      }
    ]
  },
  "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."
}