Weekly Financial Market Summary

Weekly Market Notes — September 6–13, 2026 Weekly Market Intelligence · Compiled by Albert Tang · Issue date: September 13, 2026 ℹ️ NOT FOR FINANCIAL ADVICE — FOR INFORMATIONAL AND ENTERTAINMENT USE ONLY Market Snapshot (Friday, Sep 11 close) Instrument Level Week S&P 500 7,656.98 ▼ 0.8% Dow 52,573.29 ▼ 1.6% Nasdaq Composite 26,333.04 ▼ 0.7% Russell 2000 2,903.94 ▼ 2.4% Brent Crude $104.61 ▲ ~8% 10-Yr Yield 4.96% ▲ ~19 bps, 4th straight weekly rise Bitcoin ~$76,759 ▼ ~5.8% Gold ~$4,349 (est.) ▼ ~1.2% Weekly Overview The war the market had been pricing at a discount got real. U.S. forces destroyed five Iranian oil tankers on September 8–9, Iran retaliated with ballistic missiles against a U.S. base in Jordan, and on Friday Saudi Arabia shut down its East-West pipeline — the kingdom's main bypass around the Strait of Hormuz — after a drone attack. Brent crude jumped roughly 8% on the week to $104.61, its highest close of the conflict. Inflation obliged the Fed's hawks: August PPI came in at a 2026-high 5.4% annually, and Friday's CPI held at 3.4%, pushing CME FedWatch's implied odds of a September 16 hike to about 90%, up from 62% before the week's data. Consumers noticed — the University of Michigan's preliminary September sentiment index collapsed to 47.8, its second-lowest reading on record, as one-year inflation expectations climbed. The 10-year Treasury yield ground to a fourth straight weekly high near 5%, and equities, despite a relief rally Friday as oil eased off its peak, still closed the week lower across the board — the Russell 2000 hit hardest at −2.4%. Oracle offered the week's one unambiguously strong earnings print, though even that came with a catch. Ten days out from the Fed's decision, and two days before the Senate's Clarity Act vote, markets are bracing for the most consequential week since the conflict began. Estimated reading time: 8–9 minutes Headline 01 of 06 · Saudi Arabia Shuts Its Hormuz Bypass Pipeline as the Tanker War Escalates Energy ·…