Stocks Slip, Brent Crude Touches $90 a Barrel -- WSJ
Dow Jones2026/08/11 18:10By Caitlin McCabe
The early good vibes are fading a bit in afternoon trading, with major indexes slipping and oil prices bouncing off their session lows.
Brent crude futures were recently up around 1% at more than $88 a barrel. They had touched $90 early Tuesday as hopes for a deal to reopen the Strait of Hormuz faded following new demands from both Iran and President Trump, but then pared their climb after signs of de-escalation.
The relative stability in oil helped slow a rise in government bond yields. Earlier in the day, both the 10- and 30-year Treasury yields approached their 2026 closing highs.
The summer doldrums are upon us as vacationing Wall Streeters and cautious traders hold off ahead of tomorrow's July inflation report. U.S. trading volume dropped to one of its lowest levels of the year yesterday.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
August 11, 2026 14:10 ET (18:10 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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