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As on : 21-Sep-2026

Market Commentary - Foreign Markets
21-Sep-2026 15:37

U.S. Stocks end mixed as oil retreats

US equities demonstrated a bifurcated performance on Friday, as declining crude oil prices and diminished pressure from the bond market facilitated a modest advance following recent downturns. The Dow Jones Industrial Average retreated 0.18%, whereas the S&P 500 advanced 0.17% and the Nasdaq Composite increased 0.40%. Semiconductor equities bolstered the Nasdaq and S&P 500, while pervasive weakness exerted downward pressure on the Dow. US Treasury yields ascended above 5% throughout the session, intensifying apprehensions regarding inflation and the trajectory of interest rates. The forthcoming Trump-Xi summit remains a focal point for international markets. Trade tariffs are anticipated to be a primary subject of discussion, with the existing US-China trade cessation scheduled to expire in November. WTI Crude oil receded from its four-month peak last week, prompted by reports indicating Saudi Arabia intends to reinstate approximately half of its East-West pipeline capacity, and retreated below $100 per barrel.

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