US stocks fell as Brent crude surged 6% to $107 a barrel and Treasury yields climbed to multi-year highs. Rising energy prices and producer inflation data strengthened expectations of a Federal Reserve rate hike next week. Nvidia and Micron declined, while Apple gained after launching its latest iPhone.

US stocks fell as renewed AI disruption fears hit software shares, while rising oil prices and shifting Federal Reserve rate expectations added pressure to markets. The S&P 500,…

US stocks fall as oil crosses $100, Fed rate hike bets rise and Iran tensions grow, while Apple’s iPhone event and US-Canada trade war stay in focus. | Business News