Brent Jumps 8.7%, Fed Hike Odds Climb Above 85%

The Week's Ledger

Sep 7–Sep 11, Regular-Session Closes

S&P 500 ended the week down 0.77%; 1 of 4 sessions closed higher, the sharpest day was Friday (+ 0.85%).

S&P 500, Weekly Change

Indices, Close to Close

Nasdaq 100QQQMonday: holiday, no sessionTuesday: − 0.08%Wednesday: − 0.29%Thursday: − 1.06%Friday: + 0.87%− 0.57%
S&P 500SPYMonday: holiday, no sessionTuesday: − 0.55%Wednesday: − 0.46%Thursday: − 0.60%

10-Year Yield4.78%4.96%+18 Bp
VIX14.5315.84+ 1.31 Pts
USD/TRY48.319548.5178+ 0.41%

Stocks in This Brief

Close to close: Alpaca SIP, U.S. Treasury, Cboe and the CBRT. A measure not from that session is not shown.Sources and Method

Index and stock percentages are close to close, from daily trade bars (Alpaca SIP), the same calculation as the Day's Poster. 10-year yield from the U.S. Treasury, VIX from Cboe, USD/TRY from the CBRT bulletin. A measure whose data is not from that session is not shown. A percentage in the brief text may come from the quote at the time of writing (including after-hours); the ledger shows the regular-session close.

Show Measures and StocksShow Less

Sep 7 - Sep 11Written by: Claude

What Happened Last Week · What Is Coming This Week

Brent Jumps 8.7%, Fed Hike Odds Climb Above 85%

Last Week

Oil set the tone last week: lost flow at Hormuz drove Treasury yields to their highest since 2023.

Labor Day cut the week to four sessions. Markets closed Monday, September 7.

Flows through the Strait of Hormuz fell below 2 million barrels a day, from 8 to 9 million before fighting resumed August 30.

Houthi forces hit Saudi Arabia's Jazan refinery Tuesday, wounding 73. Iran fired 20 ballistic missiles at Jordan's Al Azraq base Wednesday.

Brent cleared $100 on Wednesday and touched $108 on Thursday.

Prices eased Friday after Iran agreed to meet Gulf states in Oman. Brent still ended the week up 8.7%, its sharpest gain since July.

Brent Jumps 8.7%, Fed Hike Odds Climb Above 85%

Last Week

Oil set the tone last week: lost flow at Hormuz drove Treasury yields to their highest since 2023.

Labor Day cut the week to four sessions. Markets closed Monday, September 7.

Flows through the Strait of Hormuz fell below 2 million barrels a day, from 8 to 9 million before fighting resumed August 30.

Houthi forces hit Saudi Arabia's Jazan refinery Tuesday, wounding 73. Iran fired 20 ballistic missiles at Jordan's Al Azraq base Wednesday.

Brent cleared $100 on Wednesday and touched $108 on Thursday.

Prices eased Friday after Iran agreed to meet Gulf states in Oman. Brent still ended the week up 8.7%, its sharpest gain since July.

Weekly Brief

The Week's Ledger

Brent Jumps 8.7%, Fed Hike Odds Climb Above 85%

Last Week

The Week's Ledger

Brent Jumps 8.7%, Fed Hike Odds Climb Above 85%

Last Week

This Week

Archive