Overview
- Stocks jumped on Monday as crude oil slid from near-$110 highs toward $100 and the U.S. 10-year Treasury yield eased to the high-4% range, giving investors room to buy AI-linked chip and tech shares.
- The Federal Reserve raised its policy rate by 25 basis points on Sept. 16, keeping officials cautious about inflation and leaving the door open to further hikes if price data stay strong.
- Bitcoin recovered above $80,000 to trade in the low-$80,000s and then reach highs near $85,000 after large short squeezes and a swing from heavy ETF outflows to renewed inflows.
- The U.S. Securities and Exchange Commission issued a temporary Innovation Exemption for some tokenized U.S. stocks, and market participants cited that regulatory clarity as a factor helping crypto sentiment.
- Diplomatic events this week, including Xi Jinping’s confirmed U.S. state visit from Sept. 23–25 and an expected Trump–Xi meeting, plus continuing Iran-related disruptions to Gulf flows, are the key near-term variables that could reverse the relief rally.