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Commodities

US Stocks Rebound on Eased Oil Prices and Inflation Report

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US stocks rebounded on Friday, August 21, 2026, after oil prices eased and an inflation report came in close to economists' expectations.

The S&P 500 climbed 1% and was set to break a four-day losing streak, its longest since June. The Dow Jones Industrial Average rose 479 points, or 0.9%, while the Nasdaq composite increased by 1.2% as of 10:30 am Eastern time.

The price for a barrel of Brent crude, the international standard, fell 2.5% to $104.93 after reaching near $110 overnight. This decrease took some pressure off inflation, which remains high at 3.4% higher last month than a year earlier.

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