SPDR ETF Report For Wednesday, Sept 1

Rising interest rates and US-Iran tensions triggered a market downturn to start September as oil prices surged.

Source: DepositPhotos

Ira Epstein discusses the tumultuous start to September 2026 in the stock market, highlighting a significant downturn as global interest rates rise sharply. He covers the impact of escalating tensions between the U.S. and Iran on oil prices, noting a substantial increase of nearly $3 to $4 per barrel.

Epstein also previews upcoming economic data releases, including the ADP U.S. private sector jobs report and factory order data, and touches on the outcomes of the recent G20 meeting, particularly the focus on China.

Additionally, he mentions notable corporate earnings from Dell (DELL) and Palo Alto (PANW), with Dell experiencing a strong performance.

Video Length: 00:13:55

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