Business

Financial Markets React to Rising Oil Prices

Updated 2026-07-23 17:25 UTC 1 source Neutral

Oil prices have surged, prompting investors to anticipate a Federal Reserve interest rate hike in September. JPMorgan reports a significant increase in AI-themed exchange-traded funds despite a challenging quarter.

Coverage timeline — 2 articles

CNBC

JPMorgan report finds dramatic jump in AI-themed ETFs — despite rough quarter

Wall Street is banking heavily on exchange-traded funds that give investors artificial intelligence exposure, according to JPMorgan Asset Management.

2026-07-23 17:10 UTC

CNBC

Odds of Federal Reserve rate hike surge as oil prices rip higher

Investors are increasingly readying for the Federal Reserve to hike interest rates in September.

2026-07-23 17:15 UTC