Dow Jones Futures Jump 559 Points as Crude Oil Drops Below $90
Key Facts
Dow Jones futures point to a 559-point gain at the open as the trading week begins, according to InvestingLive. Crude oil prices fell below the $90 mark after President Donald Trump downplayed the likelihood of military strikes on Iran, a move that eased immediate geopolitical tensions in energy markets.
The US dollar traded lower against all seven major currencies on November 9, 2026, with the New Zealand dollar leading the advance with a 1.15% gain. These market shifts occur as investors position themselves ahead of critical inflation data, with the 10-year Treasury yield holding near 4.87%.
Market participants are focused on the upcoming US annual Inflation Rate data scheduled for release on November 10, 2026, which is forecasted at 3.9% following a previous reading of 3.7%.