Saudi Oil Attacks Push U.S. Stocks Lower, Yields to Multiyear Highs — SkimNews
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- Yemeni rebels attacked Saudi Arabian energy facilities on September 8, 2026, pushing crude oil to its highest level of the summer, according to the WSJ report.
- Treasury yields hit multiyear highs alongside the equity selloff, with the 10-year yield on the WSJ sidebar reading 4.794%.
- The Dow Jones Industrial Average fell 628.18 points, or 1.18%, to close at 52,786.07, leading the declines among major U.S. indexes.
- The S&P 500 lost 45.08 points (-0.58%) to 7,673.52, while the Nasdaq Composite slipped 85.58 points (-0.32%) to 26,421.41.
- Crude oil futures on the WSJ sidebar stood at $94.20 (+1.26%), and the VIX jumped 8.19% to 15.72 — the largest percentage move on the page.
Why it matters: The simultaneous move higher in crude ($94.20, +1.26%), 10-year yields (4.794%), and the VIX (+8.19% to 15.72) is the day's signal: an energy supply shock from Saudi facilities is repricing both inflation expectations and risk premia at once, with the Dow absorbing the heaviest selling at -1.18%.
Ask SkimNews