9-24-2026: Trump-Xi Summit, Surging Yields + AI Disruption Trade Fears
Market Storylines
•
7m 27s
Michael Reinking, Senior Market Strategist at the NYSE, reviews a dynamic week in which the S&P 500 held modest gains despite poor breadth and surging Treasury yields. Strong flash PMI data fueled inflation worries, while Meta's new AI agent Muse sparked a fresh disruption trade across wealth managers, brokerages, and travel names. Oil prices swung sharply on shifting Middle East diplomacy headlines all week. President Trump and Xi Jinping met at the White House extending their trade truce through January while easing broader market jitters. Looking ahead, next week brings PCE inflation data, key earnings from Nike and Micron, and OpenAI's anticipated Dev Day.
Up Next in Market Storylines
-
9-17-2026: Hawkish Fed Hike, AI Slowd...
Eric Criscuolo, Market Strategist at the NYSE, covers a volatile week dominated by the Fed's 25bp rate hike, which came alongside hawkish commentary from Chair Warsh that pushed yields sharply higher and briefly knocked the S&P below its 7,600 trading-range floor. Markets also grappled with a fre...
-
9-10-2026: Oil Spikes, Yields Surge +...
Michael Reinking, Senior Market Strategist at the NYSE, reviews a tense week as renewed U.S.-Iran conflict and Houthi attacks in the Red Sea pushed oil prices up nearly 10%, with Brent nearing $105 a barrel. That spike reignited inflation fears, driving Treasury yields to new YTD highs and pushin...
-
9-3-2026: Oil Surges on Iran Tensions...
Eric Criscuolo, Market Strategist at the NYSE, reviews a volatile week that opened with renewed US-Iran hostilities and a sharp rally in crude oil, pushing yields higher and pressuring equities early on. Sentiment shifted mid-week as oil kept climbing but yields reversed on dovish Fed commentary ...
