
September is historically the worst-performing month for the stock market, though the S&P previously saw a 10% correction in March and a July deleveraging event. Following reported attacks on Saudi oil tankers, crude is up 3% to $87.5, with WTI Crude at 87.94 (+2.54%), Brent Crude at 92.38 (+2.09%), and Murban Crude at 103.1 (+4.69%), while Natural Gas is down 2.01% to 2.876. Additionally, the 10-year yield reached its highest level since January 2025, and September rate hike probabilities rose to 65%.