Dow Jones Top Markets Headlines at 7 PM ET: U.S. Stocks Mixed as Oil Spikes, AI Profit Doubts Hit Tech | Why ...

U.S. Stocks Mixed as Oil Spikes, AI Profit Doubts Hit Tech

U.S. stocks ended mixed after oil futures jumped, volatility continued in bond markets and doubts surfaced about artificial-intelligence profits.

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Why the Battered Bond Market Is Finally Getting a Reprieve

Rising yields have spread to mortgage bonds and other debt markets, which in turn deepened the selloff in Treasurys, a cycle that Wall Street sees petering out.

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Tanker Attacks Push Deeper Into Gulf, Rattle Oil Markets

A strike near Qatar, far from the usual flashpoint at the Strait of Hormuz, raises fears of wider disruptions.

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Trump Says U.S. Won't Resume Strikes on Iran Before Midterms

The president cited "productive discussions" with Tehran.

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U.S. Budget Deficit Jumps to Nearly $2 Trillion

U.S. finances are stuck in a rut that alarms policymakers, but hasn't moved them to change course.

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U.S. Interest Rates Could Rise Over Next Six to Nine Months, Fed's Musalem Says

Speaking at a Bloomberg conference on fixed income, Musalem said the Fed is focused on bringing inflation back to the central bank's 2% target in a timely manner, which he described as roughly 18 months.

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How 7.4% Mortgages Are Giving Buyers Leverage in a Stuck Housing Market

The highest mortgage rates in three years are putting pressure on home prices in some metro areas where the market is starting to tilt toward buyers.

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U.S. Jobless Claims Slide Yet Again

The number of people who filed for unemployment benefits was 197,000 in the week through Oct. 3, lower than the revised 199,000 reported a week earlier, the Labor Department said.

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China Is Offering Half Measures to Its Mounting Economic Problems

Beijing is pursuing big technological advances while shunning painful policy measures needed to fix the broader economy.

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London's Private Markets Exchange Completes Another Auction

But exchange's managers say it's too soon to talk about expansion.

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German Exports Fall Further, Clouding Picture of Resilience

The result points to volatility in international demand and dims hopes that trade will underpin the country's economic growth this year.

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Brent Gains More Than 4% on U.S.-Iran Tensions, Hurricane Isaias

Prices jumped as traders weighed intensifying Persian Gulf shipping risks and U.S.-Iran tensions alongside U.S. offshore production shut-ins ahead of Hurricane Isaias.

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Oil Majors Cut Production in Gulf of Mexico as Hurricane Isaias Strengthens

Chevron, Shell and Harbour Energy have begun curbing production and evacuating personnel from offshore facilities as the region braces for the hurricane.

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Fed's Waller Sees Multiple Rate Increases Ahead to Cool Inflation

In prepared remarks at the Istanbul Economic Forum, Christopher Waller said the economic data underscoring the need for interest-rate increases hasn't shifted much.

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AI Investment Boom to Drive Fastest Global Trade Growth Since Financial Crisis, WTO Forecasts

The Geneva-based body raised its growth forecast for the global trade in goods this year to 3.9% from 1.9%, and lifted its projection for next year to 4.1% from 2.6%.

(END) Dow Jones Newswires

October 08, 2026 19:15 ET (23:15 GMT)