September S&P 500 E-Mini futures (ESU26) are down -0.14%, and September Nasdaq 100 E-Mini futures (NQU26) are down -0.13% this morning, trimming most of their earlier losses as a retreat in oil prices from session highs eased pressure on Treasuries.
WTI crude initially climbed above $104 a barrel as the closure of Saudi Arabia’s East-West pipeline and recent territorial advances by Houthi militants in Yemen heightened concerns about Middle East supplies. Prices later pared much of those gains, retreating toward $102 a barrel.
