Wall Street ends lower as higher yields, rising oil prices mark shaky start to September
By Stephen Culp and Niket
Nishant
Tue September 1, 2026
It was another great rout today as escalating hostilities in the war since Friday have further dampened any prospects for an end to the crisis and as oil continues to spike, inflation concerns deepen. The consensus grows closer every day to a September rate hike, today the odds at 68.2% vs 65 yesterday and 39.6 a week ago. The day was awash with bad news from climbing Treasury yields after hitting a 19-month high yesterday to a slowing job market and factory activity losing momentum, all triggered by uncertainties created by the war.
