U.S. stocks rise and oil falls before CPI data, Gary Black notes

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Mykhailo Ihnatenko

11.09.2026

U.S. stocks rise and oil falls before CPI data, Gary Black notes — U.S. stocks gain as oil declines

Gary Black, managing partner and investor at The Future Fund, reports that U.S. stocks advanced with the S&P 500 index up 0.5% and the Nasdaq 100 up 0.6% as oil prices declined, with Brent crude down 2.6% to $105.

This market movement comes ahead of today’s release of August CPI, considered a key signal for a possible Federal Reserve rate hike next week, with current odds at 70%. Core CPI is expected to increase 0.2%, while headline CPI is forecast to rise 0.4% driven by higher gasoline prices. He also highlights that 10-year treasury yields remain in focus.

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Gary Black has previously analyzed sector-specific developments, noting that AVGO had the lowest and TSLA the highest PEG ratios among Mag 8 stocks. He also reported on the Tesla Cybercab launch, which did not meet expectations after the robotaxi fleet announcement. These observations contribute to his ongoing commentary on market and company events.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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