{"id":437970,"date":"2026-09-14T05:10:54","date_gmt":"2026-09-13T22:10:54","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/globex-is-open-and-oil-has-jumped-higher-while-stocks-have-slumped-437970\/"},"modified":"2026-09-14T05:10:54","modified_gmt":"2026-09-13T22:10:54","slug":"globex-is-open-and-oil-has-jumped-higher-while-stocks-have-slumped","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/globex-is-open-and-oil-has-jumped-higher-while-stocks-have-slumped-437970\/","title":{"rendered":"Globex is open and oil has jumped higher while stocks have slumped."},"content":{"rendered":"<div>\n<p dir=\"ltr\">The new week has opened with a classic risk off tone across Globex, crude gapping higher while equity index futures gapped lower at the open. The oil bid reflects the weekend&#8217;s Strait of Hormuz development, with the postponed Iran and Gulf states meeting removing what had been seen as a step toward easing shipping disruption through the waterway, keeping the existing geopolitical premium intact rather than reducing it. On the equity side, weakness looks tied in part to Sam Altman&#8217;s comments ruling out an OpenAI listing in 2026 on AI safety grounds, which has weighed on sentiment across AI linked tech names into the open. Together the two threads point to a session where energy is trading the conflict risk and equities are trading AI sector caution, rather than a single unifying catalyst, so follow through over the rest of the session will likely depend on which theme dominates headline flow from here.<\/p>\n<p dir=\"ltr\">&#8212;<\/p>\n<p dir=\"ltr\">Earlier:<\/p>\n<ul>\n<li><a href=\"https:\/\/investinglive.com\/commodities\/iran-says-hormuz-meeting-with-gulf-states-postponed-at-request-of-regional-countries\" target=\"_blank\" rel=\"follow\">Iran says Hormuz meeting with Gulf states postponed at request of regional countries<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/stock-market-update\/nasdaq-futures-set-to-open-lower-as-altman-rules-out-2026-openai-ipo\" target=\"_blank\" rel=\"follow\">Nasdaq futures set to open lower as Altman rules out 2026 OpenAI IPO<\/a><\/li>\n<\/ul>\n<p dir=\"ltr\">&#8212;<br \/>\nThe week has opened with oil bid on unresolved Middle East risk and stocks on the back foot after OpenAI&#8217;s IPO retreat added to AI sector caution.<\/p>\n<p dir=\"ltr\">Summary:<\/p>\n<ul dir=\"ltr\">\n<li>Oil gapped higher and stock index futures gapped lower as the new week&#8217;s Globex session opened.<\/li>\n<li>The Middle East conflict remains unresolved, with the weekend&#8217;s postponed Iran and Gulf Arab states meeting on the Strait of Hormuz keeping supply risk in focus for crude.<\/li>\n<li>OpenAI chief executive Sam Altman ruled out a 2026 listing over the weekend, citing AI safety concerns, adding a separate source of caution for AI linked equities heading into the open.<\/li>\n<li>The two developments appear to be trading as distinct themes so far, oil pricing geopolitical risk and equities pricing AI sector sentiment, rather than a single combined catalyst.<\/li>\n<\/ul>\n<p dir=\"ltr\">\nOil gapped higher and equity index futures gapped lower as Globex opened for the new trading week, with two separate weekend developments combining to set a risk off tone at the start of the session.<\/p>\n<p dir=\"ltr\">Crude found support from the unresolved situation in the Middle East, after a planned meeting in Oman between Iran and Gulf Arab states, intended to discuss a possible arrangement over the Strait of Hormuz, was postponed at the request of regional countries. The delay leaves the strait, a route that normally carries close to a fifth of global oil and liquefied natural gas shipments, without the incremental step toward eased passage that the meeting had represented, and traders appear to be treating that as reason to keep the existing geopolitical premium in the barrel rather than pare it back.<\/p>\n<p dir=\"ltr\">On the equity side, weakness at the open has coincided with comments from OpenAI chief executive Sam Altman, who said over the weekend that the company will not pursue an IPO in 2026, citing safety concerns serious enough that even a modest probability of AI related catastrophic risk would be unacceptable. The remarks, alongside talk of a possible industry pact to slow AI development, have added a fresh source of caution for AI linked technology names heading into the new week, contributing to the softer tone in stock index futures.<\/p>\n<p dir=\"ltr\">\n<p dir=\"ltr\">The two stories are running somewhat independently for now, with crude responding to the unresolved conflict and its direct implications for energy supply, and equities responding to sentiment around the AI investment narrative rather than to the Middle East story directly. That split suggests the session&#8217;s direction from here will likely hinge on which thread produces further headlines first, whether that is fresh developments out of the Gulf diplomacy track or additional commentary from AI sector participants following Altman&#8217;s remarks.<\/p>\n<p dir=\"ltr\">With both stories still developing, the open should be read as an initial repricing of weekend risk rather than a settled view, and the next several hours of price action are likely to be more informative than the gap itself about how much of this repricing holds through the session.<\/p>\n<p>                            This article was written by Eamonn Sheridan at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The new week has opened with a classic risk off tone across Globex, crude gapping higher while equity index futures gapped lower at the open. The oil bid reflects the weekend&#8217;s Strait&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-437970","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/437970","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=437970"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/437970\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=437970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=437970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=437970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}