Bitget UEX Daily: Oil prices top $100, US stocks decline, Apple rises
US PPI rose 5.4% year-over-year in August, with energy costs driving inflation. Markets are awaiting the CPI report amid concerns over rising interest rates and geopolitical tensions in the Red Sea. In the tech sector, Apple shares gained 3.56% following the release of its foldable device, while Nvidia led a decline in major tech stocks. Bitcoin and Ethereum prices fell over the past 24 hours as macroeconomic pressures and regulatory discussions surrounding the CLARITY Act influence market sentiment.
Summaries are written by AI from the original article. Not investment advice.