Oil Prices Pause Rally Easing Inflation Concerns, US Stocks End Three-Day Losing Streak, Bitcoin Holds Steady

BlockBeats News, September 3rd, the U.S. August "Job Report" came in below expectations. Trump hinted at preparing to strike Iran again. As the market continues to assess the impact of a potential new round of military confrontation between the U.S. and Iran, oil prices experienced initial gains followed by a retreat. WTI crude oil briefly rose above the $90 mark during the trading session but quickly fell back, erasing all intraday gains to close down 0.28% at $89.12 per barrel; Brent crude oil closed down 0.11% at $94.30 per barrel.

According to BIT (bit.com) market data, U.S. stocks closed higher on Wednesday, with the Dow rising by 0.56%, the S&P 500 up 0.46%, and the Nasdaq up 0.45%. Nvidia (NVDA.O) and Oracle surged by 3%, SK Hynix (SKHY.O) and Micron Technology (MU.O) jumped over 2%, while Dell (DELL.N) soared by 15.7%.

According to HTX market data, Bitcoin is currently trading at $77,195, representing a 0.13% decrease over the past 24 hours.