Oil and Yields Rise; Earnings Split the Market

Supply disruption keeps inflation in focus before the Fed decision, while company results separate durable demand from temporary profit boosts.

Oil supply disruption and higher bond yields kept pressure on stocks ahead of the Federal Reserve's decision. The debate now turns on whether tightening can contain inflation without weakening demand. Forgent's orders and guidance supported its rally, while Trustpilot's unchanged outlook and accounting corrections exposed a tougher expectations test. A failed Senate procedural vote added a separate policy setback for crypto.