United States Baker Hughes US Oil Rig Count declined to 422 from previous 424

TradingKey - On Tuesday (September 1) Eastern Time, futures on the three major U.S. stock indexes fell across the board in pre-market trading. Geopolitical risks escalated sharply after two supertankers were hit by unidentified projectiles in the Strait of Hormuz, driving international oil prices further up. Meanwhile, the global bond market sell-off persisted, pushing long-term government bond yields in major economies to multi-year highs and significantly dampening market risk appetite.

TradingKey - On the first trading day of September, U.S. stock futures moved lower across the board in pre-market trading. As of press time, Dow Jones Industrial Average futures and S&P 500 futures both fell by about 0.55%, while Nasdaq 100 futures dropped approximately 1.05%. Rising oil prices, higher U.S. Treasury yields, and heightened tensions in the Middle East combined to weigh on risk appetite.

TradingKey - As of the Asian session on August 28, gold prices (XAUUSD) were trading near $4,580 with a downward tilt. Gold had previously approached $4,700, but with U.S. inflation remaining elevated and several Federal Reserve officials delivering hawkish signals at the Jackson Hole symposium, market participants reduced long gold positions ahead of a speech by Fed Chair Kevin Warsh, causing gold prices to pull back from their highs.

If Bitcoin holds firmly above $80,000, it suggests a strong market risk appetite has been established. Capital is expected to follow the rotation path and spread toward major Layer-1 public chains such as Ethereum (ETH), Solana (SOL), and XRP (XRP), while also signaling a shift in technical resistance levels.

SpaceX SPCX at $171.91, clearing Fib 0.236 at $170.19 after a +19.2% debut close at $160.95. IPO closes June 15. First earnings September 2, 2026. 18,712 BTC in treasury. MSCI inclusion T+1. Fib target $183.96.