# Nasdaq Falls 1.3% as Oil Stays Above US$100

> Oil above $100 and Fed rate hike push Nasdaq down 1.3%.
- Title: Nasdaq Falls 1.3% as Oil Stays Above US$100 · The Rio Times
- Summary: Oil above $100 and Fed rate hike push Nasdaq down 1.3%. Nasdaq dropped 1.3% to 27,193 as oil stayed above $100, with US jobs cooling and Fed tightening.
- Keywords: nasdaq, oil, fed, us jobs, brent crude, unemployment, dollar index, brazil ipc, inflation, securities, news, world
- Source: The Rio Times — https://riotimesonline.com/global-economy-briefing-october-9-2026
- Author: Diego Fernández
- Published: 2026-10-09T03:23:42+00:00
- Read time: 2 min
- Topics: nasdaq, oil, fed, us jobs, brent crude, unemployment, dollar index, brazil ipc, inflation, securities, news, world
## Oil Stays Above US$100
Brent crude held above US$100 a barrel as the US-Iran standoff over the Strait of Hormuz kept supply risks elevated.

> Brent crude held above US$100 a barrel as the US-Iran standoff over the Strait of Hormuz kept supply risks elevated.
## US Jobs Cool While Fed Tightens
US employers added 29,000 jobs in September versus 90,000 expected, while unemployment rose to 4.2%. The Federal Reserve raised its rate to 3.75%, 4.00% on 16 September, its first increase since 2023.

> US employers added 29,000 jobs in September versus 90,000 expected, while unemployment rose to 4.2%. The Federal Reserve raised its rate to 3.75%, 4.00% on 16 September, its first increase since 2023.
## Dollar Strength Tightens Latin America
A stronger dollar and elevated US yields raise funding pressure for emerging markets. Brazil’s real faces renewed sensitivity to the Fed path, oil-driven inflation and the room available for the Banco Central do Brasil to ease Selic.

> A stronger dollar and elevated US yields raise funding pressure for emerging markets. Brazil’s real faces renewed sensitivity to the Fed path, oil-driven inflation and the room available for the Banco Central do Brasil to ease Selic.
## Nasdaq Slides 1.25%
The Nasdaq Composite fell 1.25% to 27,193, as investors rotated away from stretched technology names.

> The Nasdaq Composite fell 1.25% to 27,193, as investors rotated away from stretched technology names.
## S&P 500 Drops 0.47%
The S&P 500 slipped 0.47% to 7,765, while the Dow Jones Industrial Average defied the mood with a 0.10% gain to 51,232.

> The S&P 500 slipped 0.47% to 7,765, while the Dow Jones Industrial Average defied the mood with a 0.10% gain to 51,232.
## Gold Rises 0.88%
Gold climbed 0.88% to $4,145 an ounce, a sign that safety remains in demand even as the US 10-year Treasury yield consolidated at 5.235%.

> Gold climbed 0.88% to $4,145 an ounce, a sign that safety remains in demand even as the US 10-year Treasury yield consolidated at 5.235%.
## VIX Rises 2.19%
The VIX edged up 2.19% to 15.41, reflecting nervousness rather than panic.

> The VIX edged up 2.19% to 15.41, reflecting nervousness rather than panic.
## Brazil IPCA Inflation Rate
Brazil’s IPCA inflation is expected to accelerate to 4.50% year-on-year from 4.22%, with core inflation at 3.75%.

> Brazil’s IPCA inflation is expected to accelerate to 4.50% year-on-year from 4.22%, with core inflation at 3.75%.
## US 10-Year Yield at 5.235%
The US 10-year Treasury yield consolidated at 5.235%, raising borrowing costs across the economy.

> The US 10-year Treasury yield consolidated at 5.235%, raising borrowing costs across the economy.
## Dollar Index Pauses
The dollar index eased 0.20% to 102.034 on Thursday, but the broader trend still favours the greenback.

> The dollar index eased 0.20% to 102.034 on Thursday, but the broader trend still favours the greenback.
## Brazil’s Inflation Pressure
Brazil’s IPCA monthly is expected to rebound sharply to 0.73% from -0.32%, testing the central bank’s room to cut.

> Brazil’s IPCA monthly is expected to rebound sharply to 0.73% from -0.32%, testing the central bank’s room to cut.
## What to Watch Today
Brazil’s September IPCA at 09:00 BRT (12:00 UTC), University of Michigan consumer sentiment at 14:00 UTC, and Baker Hughes oil rig count at 17:00 UTC.

> Brazil’s September IPCA at 09:00 BRT (12:00 UTC), University of Michigan consumer sentiment at 14:00 UTC, and Baker Hughes oil rig count at 17:00 UTC.
## Key takeaway

Nasdaq dropped 1.3% to 27,193 as oil stayed above $100, with US jobs cooling and Fed tightening.