Get the app →
BriefTea logoBriefTea

Every story in sixty words

News · 12 March 2026

US Stock Futures Drop as Oil Prices Hit $100

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.

Reported by MarketScreener · How we write briefs

More briefs

WorldIran's unseen supreme leader urges Gulf countries to fight a shared enemy BusinessIceland supermarket boss tells the Chancellor to cut business taxes for employers GeneralNigel Farage's £5m donor has major stakes in arms industry PoliticsTreasury officials advise John Healey to tax banks and oil companies more HealthCorrecting hearing loss can cut dementia risk by almost half GeneralNotting Hill Carnival parade begins as Europe's biggest street party Browse all stories →