20260904 Global Economic Issues

🗂NY Stocks Rally Over 1% on Dovish Fed Remarks The New York Stock Exchange (Dow +1.18%, S&P500 +1.06%, Nasdaq +1.40%) surged by over 1% across the board as Christopher Waller, a Fed Governor, made dovish comments on monetary policy, easing concerns about further interest rate hikes. 🗂US 10-Year Treasury Yields Stabilize Below 4.76% Amid Risk Appetite Recovery With reduced fears of additional rate hikes, US 10-year Treasury yields retreated from their highs, stabilizing around the 4.76% mark. Consequently, investor sentiment rapidly recovered, particularly for tech and large software stocks. 🗂Oil Prices Hold Above $90 Amid Lingering Inflation Worries With only weak signals of easing geopolitical tensions in the Middle East, WTI crude oil remained around $91 per barrel, and Brent crude held in the mid-$90s. Despite stable Treasury yields, concerns about long-term inflation persist due to sustained high oil prices.