The New York Stock Exchange opened Thursday's session in negative territory, following the release of the producer inflation report that revealed an acceleration in the overall indices for August. The Dow Jones fell 0.32% to 52,214.87 points, the S&P 500 retreated 0.51% to 7,597.01 points and the Nasdaq lost 0.77% to 26,050.54 points. Among the companies with the biggest losses were Nvidia, which fell 2.06%, IBM with 1.73% and Honeywell with 1.37%, while Apple stood out with a gain of 2.37%.
Market analyst at Millennium Investment Banking, Ramiro Loureiro, pointed out that Wall Street started lower in a session marked by the escalation of oil prices, which have already exceeded $100 per barrel for Brent crude. The situation is due to increased tensions in the Middle East, with Iran and the United States preparing for a prolonged conflict, with no signs of a ceasefire in the short term.
Investors have shown concern about a worsening of inflationary pressures, compounded by statements from Christine Lagarde, president of the ECB, that inflation will remain above the 2% annual target for an extended period. The European Central Bank raised benchmark rates by 25 basis points as expected, but the indication that US producer prices rose slightly more than expected in August, with growth of 5.4% compared to the same month in 2025, contributed to market fears.
In the energy market, Texas WTI crude rose 3.44% to $99.43 per barrel and Brent gained 3.41% to $104.66. Natural gas fell 1.52% to $2.781. In the foreign exchange market, the euro depreciated 0.10% against the dollar, settling at $1.1618.
