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Stock market update
The gist
U.S. stocks ended Friday higher, snapping a four-day losing streak.
The week still closed lower, with markets pricing roughly 90% odds of a Fed rate hike next week.
How it unfolded
- Sep 2, 2026The S&P 500 fell 0.7% and the Russell 2000 dropped 1.2%; oil rose 5% while gold, silver and bitcoin fell 2-4%. ADP showed just 38K private jobs added in August, below the 47K estimate and the slowest pace since January.
- Sep 9, 2026U.S. equity futures were subdued as oil blew past $100 for the first time since July amid an intensifying Middle East conflict, with the U.S.-Iran war in its seventh month.
- Sep 10, 2026Crude futures moved back above $100 for the first time since May, and energy stocks in the S&P 500 hit fresh highs, with the XLE ETF up 43% as the year's best-performing sector.