August 17, 2026
Oil Spike And Soaring Long Rates Pull Stocks Off Record Highs
On Monday, August 17, 2026, U.S. stocks slipped slightly from record highs as a sharp jump in oil prices and long-term Treasury yields revived worries about inflation. Soaring long rates, a softer dollar, and a mixed move across equities, bonds, and commodities framed a cautious start to the week for investors.