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Macro Finance

Stocks Fall, Oil Rises as Iran Refuses to Soften Demands; US, China to Cut Tariffs

Bloomberg Markets·September 28, 2026·1 min read

US equity futures and Treasuries fell as uncertainties around the US-Iran conflict pushed oil higher and lifted inflation concerns. Tehran said it's sticking to its proposal to reopen the Strait of Hormuz, which President Trump has rejected. The US and China released a detailed plan to cut tariffs on about $30 billion of imports from each nation. Nvidia introduced a new double-layered AI security system to keep agents from going awry.

Read at Bloomberg Markets
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