Fed Tightens, Oil Rises, Markets Edge | US News

Wall Street futures dip as U.S.-Iran tensions spike oil prices, reigniting inflation fears and pressuring the Fed ahead of their next meeting. Fed Chair Kevin Warsh signals a more hawkish stance, hinting at possible rate hikes if inflation doesn’t cool to 2%, rattling traders who had hoped for easing. With mixed economic data, the highly anticipated September jobs report looms large as a key indicator of Fed policy direction. Meanwhile, Middle East turmoil boosts energy stocks, while GameStop plummets after announcing store closures and French sales declines — all adding to market unease as we enter a typically sluggish month. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/90a8df5fb9c0cd2f