CNBC Daily Open: Rising oil prices inflame inflation fears
Publishing timestamp: 2023-09-06 02:03:18
Summary
U.S. stocks fell due to higher oil prices and rising Treasury yields. Chinese property stocks soared, with Evergrande leading gains. Arm is set to list shares in its IPO, attracting interest from tech giants. North Korea-linked hackers stole crypto worth $200 billion. CNBC Pro identified oversold and overbought stocks. Rising oil prices and higher Treasury yields negatively impacted stocks. Major indexes ended lower, with September proving to be a tough month for stocks.
Sentiment: MIXED
Tickers: HAL, 6666-HK, .DJI, 2007-HK, GS, .IXIC, .RUT, OXY,
Keywords: oil and gas, occidental petroleum corp, goldman sachs group inc, business news, evergrande property services group ltd, halliburton co, nasdaq composite, markets, russell 2000 index, world markets, u.s. treasury bonds, interest rates, cryptocurrency, country garden holdings co ltd, prices, dow jones industrial average, technology, inflation, economic events, united states,
Source: https://www.cnbc.com/2023/09/06/stock-markets-rising-oil-prices-inflame-inflation-fears.html