04:00 PM EDT, 10/07/2024 (MT Newswires) -- US benchmark equity indexes ended lower Monday amid persistent uncertainty around the geopolitical situation in the Middle East.
* Official data are likely to show Thursday that US consumer inflation rose 0.1% sequentially and 2.3% annually last month, according to a Bloomberg-compiled consensus.
* Consumer credit usage rose by $8.9 billion in August, a smaller increase than a $12 billion gain expected in a survey compiled by Bloomberg following a $26.7 billion jump in July. Both revolving and nonrevolving credit use rose in the month.
* November West Texas Intermediate crude oil closed up $2.76 to settle at $77.14 per barrel, while December Brent crude, the global benchmark, was last seen up $2.55 to $77.14, climbing for a fifth-straight session on expectations Israel is readying to retaliate against Iran following last week's missile attack on the country, heightening anxiety over a wider Middle Eastern war that could threaten Persian Gulf supplies.
* Super Micro Computer ( SMCI ) shares jumped nearly 16% after the company said it recently deployed more than 100,000 graphics processing units in one quarter.
* Deckers Outdoor ( DECK ) shares were down 4.7% as Seaport Global downgraded the stock to neutral from buy.