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Brent Crude Dips Below $100 as Wall Street Holds Near Record

By Markets Desk · · Updated 2026-09-23 00:19 UTC
A stack of black oil barrels in a warehouse

Brent crude dipped below $100 per barrel as Wall Street rallied within 0.4% of its record high, with the Nasdaq setting a new all-time high on the back of surging AI and crypto stocks. The market relief was bolstered by easing bond yields and optimism surrounding upcoming diplomatic talks between the U.S. and China.

  • WKMG reports that the Nasdaq composite hit a new all-time high, driven by a nearly 10% surge in AMD shares that pushed its market cap to $1 trillion. The broader rally was supported by Bitcoin climbing above $86,000 and a confirmed state visit from Chinese President Xi Jinping to the U.S. later this month.

    Source: WKMG

  • Brent crude fell below $100 per barrel Tuesday, while the S&P 500 remained 0.4% below its all-time high.

    Source: WRAL
Based on reporting by WRAL and WKMG, compiled by the Tradingbird desk.

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