Crude Oil Prices Fuel Inflation Fears, US Stocks Decline

The US stock market experienced a decline in September due to soaring crude oil prices and intensified selling pressure on bonds, fueled by inflation concerns. The Dow Jones Industrial Average fell 0.19%, while the S&P 500 Index dropped 0.66%. In contrast, the Nasdaq Composite Index opened down 1.29%.

According to data from France's automotive industry association PFA and Denmark's bilstatistik.dk, Tesla's August registration figures in Europe were mixed, with significant increases in France (279% year-on-year) and Denmark (104%), but declines in Norway (-79%) and Sweden (-41%).

Vår Energi shares surged on reports of a power deal with Google, while Technip Energies jumped on participation in SpaceX's bidding for a rocket fuel supply contract.