{
  "id": 6484613,
  "title": "US stocks: S&P 500 ends down as oil tops US$100 per barrel",
  "url": "https://urgent.news/2026/09/09/us-stocks-s-p-500-ends-down-as-oil-tops-us-100-per-barrel",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-09T21:45:42.000Z",
  "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-sp-500-ends-down-oil-tops-us100-barrel"
  },
  "original_language": "en",
  "account": "On Wednesday, September 9, US stocks experienced a downward trend as oil prices reached above US$100 per barrel. The S&P 500, Nasdaq, and Dow Jones Industrial Average all closed lower for the day. Fears surrounding the global oil supply and heightened tensions in the Middle East contributed to the surge in oil prices, which is a sensitive threshold for the stock market. The US-Israeli conflict in Iran, now in its seventh month, has added to these concerns, fueling expectations of a wider regional conflict and increased oil prices. The S&P 500 energy index rose 1.1%, while all other sector indexes declined. Apple saw a dip of 0.3% after its first smartphone launch under new CEO John Ternus. The 10-year US Treasury yield rose to its highest level since November 2023, with the Treasury Department planning to purchase up to US$6 billion in 10- to 20-year government bonds. Higher yields on risk-free government bonds have made stocks less appealing to investors, leaving markets concerned as there is limited information available until third-quarter earnings reports begin. Upcoming US Producer Price Index and consumer price data may provide insights into the Federal Reserve's potential interest-rate adjustments. The S&P 500 declined 0.48% to close at 7,636.46 points, while the Nasdaq fell 0.64% to 26,253.34 points, and the Dow Jones Industrial Average dropped 0.77% to 52,381.02 points. Notably, the S&P 500 is down around 2% from its August 13 record high close, but it remains up about 12% for 2026. Meta saw a 6% increase, partially offsetting the S&P 500's decline, following the rollout of its AI assistant capable of autonomously handling various tasks. Alphabet declined 2.3% after announcing a US$15.1 billion investment in AI infrastructure in Finland, including a significant deal for nuclear power supply. The Philadelphia Semiconductor Index rose 0.37%, with Advanced Micro Devices gaining 3%. Dow fell 0.6% following reports of the chemicals maker considering exiting its US$20 billion partnership with Saudi Aramco. Within the S&P 500, declining stocks outnumbered rising ones by a ratio of 4.1-to-1. The index reported seven new highs and 25 new lows, while the Nasdaq recorded 41 new highs and 170 new lows. Trading volume on US exchanges was relatively light, with 14.7 billion shares traded, compared to an average of 14.9 billion shares over the previous 20 sessions.",
  "summary": "All three major indices closed lower for the day",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}