News · 12 March 2026

US Stock Futures Drop as Oil Prices Hit $100

Unsplash / Tyler Prahm

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

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