U.S. stocks open lower as oil tops $105 and PPI fuels rate-hike concerns

Sep 9, 2026 14:04 (45d ago)

U.S. stocks opened lower and were headed for a fourth consecutive decline as August PPI exceeded expectations and oil rose above $105 amid United States-Iran tensions.
Headline PPI increased 5.4% year over year and 0.4% month over month in August, while diesel prices jumped 24.1% and the 10-year Treasury yield hovered near 4.91%.
The Dow, S&P 500 and Nasdaq Composite fell 0.17%, 0.55% and 0.88% at the open; markets next focused on U.S. CPI and the September 15-16 Fed meeting.

U.S. equities opened lower on Thursday, September 10, 2026, after August producer prices rose faster than expected and escalating United States-Iran tensions pushed Brent crude above $105 a barrel. The Dow fell 0.17% at the open, the S&P 500 dropped 0.55% and the Nasdaq Composite declined 0.88%; separate premarket readings showed losses of 0.6%, 0.8% and 1.4% for the Dow, S&P 500 and Nasdaq 100, respectively. Headline PPI rose 5.4% year over year and 0.4% month over month, while diesel prices jumped 24.1%. The 10-year Treasury yield reached about 4.91%, gold fell nearly 2% to approximately $4,342 an ounce and Bitcoin declined 2% to $76,800. Federal-funds futures priced a roughly 62%-70% chance of at least a 25-basis-point Federal Reserve increase at the September 15-16 meeting, while investors awaited Friday's U.S. CPI report.

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