Finance
📊 Market Recap · Sep 11Stocks snap four-day slide as oil retreats and August CPI lands near forecasts; energy and storage names lag — September 11, 2026Read →Chip and AI Stocks Fall in Seoul, Tokyo and U.S. Premarket After Amodei, Altman and Musk Call for Slowing Frontier AI Development
Anthropic CEO Dario Amodei published an essay on Sept. 12, 2026 urging labs to "pace the frontier"; Sam Altman and Elon Musk backed it, and AI-linked shares fell on Monday, Sept. 14.
Fed Meets Sept. 15-16 After August CPI Held at 3.4%; Futures-Implied Odds of a Rate Hike Near 90%
The Bureau of Labor Statistics reported on Sept. 11 that consumer prices rose 0.4% in August and 3.4% over the year, and President Trump, Vice President Vance and Treasury Secretary Bessent have publicly urged Fed Chair Kevin Warsh not to raise rates.
SpaceX's Nasdaq-100 Weighting Set to Rise to About 2.8% From 1.3% in Sept. 21 Rebalance
Nasdaq's pro forma data show SpaceX's index weight more than doubling after lockup expirations expanded its tradable share count, a change analysts say will force billions in buying by funds that track the index.
Dollar Index Ends Friday at 99.04 After Touching 99.36 on August Inflation Data
The dollar gave back an early pop on September 11 as August core inflation came in at 0.3% and traders weighed roughly even odds of a Federal Reserve rate increase on September 16.
Oracle Reports 30% Revenue Growth and $664 Billion Backlog; Shares Close Down 1.7% After Intraday Rally
Oracle's fiscal first-quarter cloud-infrastructure sales rose 121% and its contracted backlog grew to $664 billion, while the stock gave up an early gain and closed lower on September 11.
10-Year Treasury Yield Closes at 4.96% on Sept. 11, Highest Since October 2023
U.S., Japanese, British and German government bond yields all climbed in early September 2026, days before a Federal Reserve meeting at which traders see a possible rate increase.
University of Michigan Consumer Sentiment Index Falls to 47.8 in Preliminary September Reading
The survey's early-September estimate is down from 51.7 in August and below the 51.0 forecast, with year-ahead inflation expectations rising to 4.6%.
U.S. Average Diesel Price Reaches $6.06 a Gallon on Sept. 11, a Nominal Record; California Averages $7.98
AAA's national diesel average topped $6 for the first time in nominal dollars as the U.S.-Iran war, the closure of the Strait of Hormuz and strikes on Russian refineries squeeze global diesel supply; adjusted for inflation, the 2022 and 2008 peaks were higher.
ECB Raises Key Rates 25 Basis Points, Lifting Deposit Rate to 2.50%; Euro Slips to About $1.16 as U.S. Producer Prices Rise 0.4% in August
The European Central Bank's second hike since the U.S.-Iran war began was unanimous and widely expected; the euro gained against most major currencies but fell against a dollar lifted by hot U.S. producer-price data one day before the August CPI report.
Kroger Reports 0.2% Identical-Sales Growth in Second Quarter, Lowers Full-Year Sales Outlook and Reaffirms Earnings Guidance
In CEO Greg Foran's first earnings report, Kroger posted $971 million in operating profit for the 12 weeks ended August 15, 2026, cut its full-year identical-sales range to 0.2%-0.8%, and left its adjusted per-share earnings forecast unchanged.
Gold Trades Back Above $4,400 an Ounce as Dollar Slips to Four-Month Low, Ending Three-Session Slide
Gold rose about 1% on Wednesday, September 9, 2026, as traders waited on U.S. inflation data before the Federal Reserve's September 16 decision; the metal remains roughly 21% below its January 28 intraday record of $5,589.38.
Amgen Shares Fall About 10% After Novartis Says Pelacarsen Missed Its Main Goal in a Phase III Heart Trial
Novartis reported on September 4 that pelacarsen lowered lipoprotein(a) but did not cut cardiovascular events in an 8,323-patient study; Amgen fell 9.8% on September 8 after a BMO Capital Markets downgrade, while Novartis's Zurich-listed shares fell about 1.9% on September 7.