General · 12 March 2026

US Stock Futures Drop as Oil Prices Hit $100

Fears over rising inflation are causing traders to expect fewer interest rate cuts in the U.S. than previously thought. US share market futures dropped on Thursday as oil prices climbed back above $100 a barrel. Goldman Sachs now sees the US central bank's next rate cut coming in September, a change from June.

By BriefTea Editorial · 12 March 2026 at 8:35

Reported by MarketScreener · How we write briefs

Get the app

More briefs

GeneralGoogle paying £260m to settle UK Play Store developer lawsuit PoliticsJames Cleverly steps down from the shadow cabinet to campaign for London mayor GeneralThe UK Navy just followed four Russian ships again GeneralSarah Ferguson is moving back to the UK following the Epstein scandal GeneralIcelanders vote on restarting EU membership talks after 13 years GeneralGoogle now auto-expands AI answers, pushing links down Browse all stories →