Name: Stocks Slide as U.S.-Iran Tensions Push Oil Toward $99 | Closing Bell
Uploaded: 2026-09-08T20:18:00+00:00
Duration: 406 s

Speakers

Romaine Bostick — Anchor, Bloomberg

Carol Massar — Anchor, Bloomberg

Summary

The Closing Bell team recaps a risk-off session in which U.S.-Iran tensions pushed Brent crude toward $99 and sent U.S. stocks lower. Energy and several event-driven stocks rallied, while Amgen, Constellation Brands, and Bombardier fell on company-specific negatives. The discussion covers index moves, sector performance, and the day's notable gainers and losers.

U.S.-Iran tensions near Kharg Island pushed oil higher and pressured U.S. equities.
Brent crude spiked back near $99 after briefly dipping below $97.
S&P 500, Dow, Nasdaq, and Russell 2000 all closed lower.
Energy stocks gained on higher oil and record U.S. diesel prices.
Bloom Energy and Everpure rose on S&P 500 inclusion news.
Quantum stocks rallied after the U.S. government took minority equity stakes.
Intel rose on price-hike reports and a Northland upgrade.
Amgen, Constellation Brands, and Bombardier fell on company-specific negative catalysts.

Ideas

Romaine Bostick Anchor, Bloomberg 0:15

Iran headline pressures stocks; September weak.

The Iran headline sent the S&P 500 to session lows with most S&P names lower, and September is historically the weakest month for stocks, creating a cautious equity backdrop.

Romaine Bostick Anchor, Bloomberg 1:10

Iran tensions push oil, energy higher.

U.S. strikes on Iranian tankers near Kharg Island are adding supply risk and volatility, pushing Brent crude back toward $99; higher oil and record U.S. diesel prices are giving energy stocks a bid.

Carol Massar Anchor, Bloomberg 2:53

S&P 500 inclusion lifts shares.

Bloom Energy and Everpure rallied after S&P Dow Jones Indices said late Friday that the companies will join the S&P 500 effective before the open on September 21, driving index-demand buying.

Carol Massar Anchor, Bloomberg 3:22

Government stakes boost quantum stocks.

The U.S. government is taking minority equity stakes in quantum computing companies, fueling rallies in D-Wave Quantum, Rigetti Computing, and Quantum Computing.

Carol Massar Anchor, Bloomberg 3:55

Upgrade, price hikes lift Intel.

DigiTimes reported that Intel is expected to raise prices, and Northland Securities upgraded the chipmaker to outperform with a $120 price target implying about 25% upside.

Carol Massar Anchor, Bloomberg 4:35

Novartis failure, downgrade hit Amgen.

Novartis's failed final-stage heart drug trial is a negative signal for Amgen's similar program, and BMO Capital Markets cut Amgen to market perform.

Carol Massar Anchor, Bloomberg 5:18

Weak summer alcohol demand hits Constellation.

Constellation Brands management said the off-premise business was lackluster over the summer and August weakened as gas and diesel prices spiked, pressuring alcohol demand.

Carol Massar Anchor, Bloomberg 5:53

Trump risk weighs on Bombardier.

President Trump suggested Bombardier should be blocked from U.S. sales unless it builds in the U.S., creating headline and regulatory risk for the stock.

This Bloomberg Markets video, published September 08, 2026, features Romaine Bostick, Carol Massar discussing SPY, BNO, XLE, DIESEL, BE, P, QBTS, RGTI, QUBT, INTC, AMGN, STZ, BDRBF. 8 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Romaine Bostick, Carol Massar · Tickers: SPY, BNO, XLE, DIESEL, BE, P, QBTS, RGTI, QUBT, INTC, AMGN, STZ, BDRBF

Stocks Slide as U.S.-Iran Tensions Push Oil Toward $99 | Closing Bell

Summary

Ideas

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