U.S. stocks fell on Friday, with the Dow down more than 1%, as the sell-off spread beyond the technology sector. Oil prices surged on rising Middle East tensions, with West Texas Intermediate above $103 and Brent above $116, fueling inflation concerns ahead of the Federal Reserve meeting. The market sees just over a 10% chance of a rate hike on Wednesday but nearly 78% odds of an increase in December. Palo Alto Networks and CrowdStrike advanced after researchers discovered AI-exploitable flaws in PHP, and CrowdStrike CEO George Kurtz predicted that breaches will multiply in the coming months.
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