Episode
Oil Drops, Gas Rises, Stocks Hold | Irvine News
- Published
- Sep 16, 2026
- Duration seconds
- 106
- Processing state
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- https://sources.thednn.ai/9a4c02036ebacc08
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Summary
Markets edged higher with S&P 500, Dow, and Nasdaq all gaining ground, but oil prices took a hit as Saudi Arabia shut down a key pipeline amid escalating Red Sea and Strait of Hormuz tensions. Brent crude fell 1.1% to $107.61, U.S. crude dropped 2% to $103.70, pushing gas prices up to $4.37/gallon and diesel to $6.31/gallon. Rising Treasury yields hit a multi-year high at 5%, fueled by inflation fears and ballooning debt, while August retail sales rose 1.2%—a welcome rebound after July’s dip. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Sources: https://www.ocregister.com/2026/09/16/financial-markets-fed-interest-rate-call/ More coverage & latest updates: https://sources.thednn.ai/9a4c02036ebacc08 Report issues to [email protected]. Presented by The Plant Daddies — rare specimen trees, living art, and hand-carved limestone vessels and fountains for extraordinary spaces. Showrooms in Los Angeles and Irvine. Listeners of Irvine News Today receive 10% off with code LANEWS10. theplantdaddies.com/lanews