Markets Shake as Oil Soars and Fed Eyes Rate Hike | US News

Oil surges past $100 a barrel as Middle East tensions fuel market jitters, while the Fed’s looming rate hike—priced at 62% chance—adds pressure. Strategic reserves are depleted, tech stocks dip, and AI remains the lone bright spot. Investors await Treasury’s bond-buyback details and key inflation reports to shape next week’s Fed decision. 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/d7c031158a69fbbc