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Oil prices near $100 amid US-Iran tensions, fueling Fed rate hike bets before Apple's iPhone event.

Market News
09 Sep 2026
Proactive Investors
View Source
Neutral
Oil prices near $100 amid US-Iran tensions, fueling Fed rate hike bets before Apple's iPhone event.

US stock futures dipped slightly as oil prices approached $100 per barrel due to rising tensions between the US and Iran. This increase in crude prices has intensified speculation that the Federal Reserve will raise interest rates by 25 basis points this month, with odds now at 60%. Meanwhile, investors are also focused on upcoming earnings reports from Chewy and American Eagle Outfitters for consumer insights, and Apple's iPhone event featuring new CEO John Ternus, which may shift attention from inflation and rate concerns.

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Apple launched its first foldable iPhone, the $1,999 iPhone Duo, receiving praise for its sleek titanium design, smooth hinge, and reduced screen glare. However, critics highlight its heavy and bulky build, visible screen crease, camera compromises, ...

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Apple nears Nvidia as the world's most valuable company, just $42B behind after sector selloff.

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