Market Open: Stocks Lower as U.S. Crude Tops $100; Yields Rise • 9/10/26

Watch on YouTube ↗  |  September 10, 2026 at 14:39  |  3:58  |  CNBC
Speakers
Jim Cramer — Host, Mad Money
Donald Trump — President of the United States
Jessica Ettinger — Anchor, CNBC
Ben Boulos — Reporter

Summary

CNBC's market open update covers a down day for stocks as U.S. crude tops $100 and Treasury yields rise to multi-year highs. Jim Cramer highlights surging diesel prices as a cost-push inflation driver through the trucking supply chain. The report also notes President Trump's view that oil prices will stay high until after the midterm election.

  • Major averages fall with the Dow down 291 points, S&P 500 down 53, and Nasdaq down 221.
  • U.S. crude oil tops $100 a barrel and logs its longest winning streak in about three years.
  • The 10-year Treasury yield tops 4.9%, the highest since 2003.
  • Jim Cramer watches diesel after a 24.1% surge and warns it is pushing food and supply-chain inflation.
  • The oil market braces for a longer U.S.-Iran conflict, and Trump says oil prices will not fall until after the midterm election.
  • Apple outperforms after unveiling the iPhone 18 and foldable Duo; Macy's posts strong results.
  • August PPI rose 0.4% month over month, with CPI due the next morning.
Ideas
Jim Cramer Host, Mad Money 1:10
Diesel surge is driving broad inflation.
Diesel has jumped 24.1% and is the key cost-push inflation driver because the U.S. is a trucking nation; he is watching whether the diesel surtax effect through food and the whole supply chain persists beyond six months rather than fading quickly.
UCO HIGH
Donald Trump President of the United States 1:33
Oil prices stay elevated until election.
President Trump says oil prices will not fall until after the midterm election because the U.S.-Iran war will end immediately after the election; the oil market is bracing for a much longer conflict after attacks on ships in the Strait of Hormuz.
WTI MED
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This CNBC video, published September 10, 2026, features Jim Cramer, Donald Trump discussing UCO, WTI. 2 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Jim Cramer, Donald Trump  · Tickers: UCO, WTI