---
title: "Crude & Crypto Rip, Stocks Dip, Yield Curve & Gold Scream 'Policy Error'"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296140597.md"
description: "Markets reacted to rising US-Iran tensions, causing oil prices to spike and bond yields to rise while stocks dipped. The Nasdaq underperformed, though Tech and Energy sectors showed relative strength. Gold and Bitcoin surged, reflecting doubts about Federal Reserve policy signaled by a steepening yield curve. The Empire Fed index remained strong, but broader equity and bond markets struggled overnight amid geopolitical rhetoric."
datetime: "2026-08-17T20:01:43.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296140597.md)
  - [en](https://longbridge.com/en/news/296140597.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296140597.md)
generator: "portal-rs"
---

# Crude & Crypto Rip, Stocks Dip, Yield Curve & Gold Scream 'Policy Error'

***Tl;dr**: After last week's macro extravaganza, this week starts quiet (Empire Fed strongest in 5 years) and stocks and bonds trod water broadly overnight until US/Iran rhetoric heated up, **oil prices spiked (snapping bond yields higher, and dragging stocks lower)**. Nasdaq was the prettiest horse in the glue factory with Tech and Energy outperforming. **Dollar was flat while gold and bitcoin ripped**, echoing the the Fed doubts signaled by a **steepening yield curve**.*

## Oil

### Related Stocks

- [GBTC.US](https://longbridge.com/en/quote/GBTC.US.md)
- [IAU.US](https://longbridge.com/en/quote/IAU.US.md)
- [QQQ.US](https://longbridge.com/en/quote/QQQ.US.md)
- [GLDM.US](https://longbridge.com/en/quote/GLDM.US.md)
- [BITB.US](https://longbridge.com/en/quote/BITB.US.md)
- [GLD.US](https://longbridge.com/en/quote/GLD.US.md)
- [BNO.US](https://longbridge.com/en/quote/BNO.US.md)
- [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md)
- [SGOL.US](https://longbridge.com/en/quote/SGOL.US.md)
- [IBIT.US](https://longbridge.com/en/quote/IBIT.US.md)
- [.NDX.US](https://longbridge.com/en/quote/.NDX.US.md)
- [FBTC.US](https://longbridge.com/en/quote/FBTC.US.md)
- [ARKB.US](https://longbridge.com/en/quote/ARKB.US.md)
- [SCO.US](https://longbridge.com/en/quote/SCO.US.md)
- [UGL.US](https://longbridge.com/en/quote/UGL.US.md)
- [USO.US](https://longbridge.com/en/quote/USO.US.md)
- [UCO.US](https://longbridge.com/en/quote/UCO.US.md)
- [BITO.US](https://longbridge.com/en/quote/BITO.US.md)
- [BRRR.US](https://longbridge.com/en/quote/BRRR.US.md)
- [BTCO.US](https://longbridge.com/en/quote/BTCO.US.md)
- [BTCW.US](https://longbridge.com/en/quote/BTCW.US.md)
- [HODL.US](https://longbridge.com/en/quote/HODL.US.md)
- [EZBC.US](https://longbridge.com/en/quote/EZBC.US.md)
- [GUSH.US](https://longbridge.com/en/quote/GUSH.US.md)
- [DRIP.US](https://longbridge.com/en/quote/DRIP.US.md)
- [ONEQ.US](https://longbridge.com/en/quote/ONEQ.US.md)
- [QQQM.US](https://longbridge.com/en/quote/QQQM.US.md)
- [QQEW.US](https://longbridge.com/en/quote/QQEW.US.md)
- [QQQE.US](https://longbridge.com/en/quote/QQQE.US.md)
- [TQQQ.US](https://longbridge.com/en/quote/TQQQ.US.md)
- [QLD.US](https://longbridge.com/en/quote/QLD.US.md)
- [PSQ.US](https://longbridge.com/en/quote/PSQ.US.md)
- [SQQQ.US](https://longbridge.com/en/quote/SQQQ.US.md)
- [QID.US](https://longbridge.com/en/quote/QID.US.md)
- [QYLD.US](https://longbridge.com/en/quote/QYLD.US.md)
- [JEPQ.US](https://longbridge.com/en/quote/JEPQ.US.md)
- [QQQI.US](https://longbridge.com/en/quote/QQQI.US.md)
- [03008.HK](https://longbridge.com/en/quote/03008.HK.md)
- [03042.HK](https://longbridge.com/en/quote/03042.HK.md)
- [03430.HK](https://longbridge.com/en/quote/03430.HK.md)
- [518850.CN](https://longbridge.com/en/quote/518850.CN.md)
- [GOLD.AU](https://longbridge.com/en/quote/GOLD.AU.md)
- [BTCE.DE](https://longbridge.com/en/quote/BTCE.DE.md)

## Related News & Research

- [VEGOILS-Palm extends gains on firm crude, El Nino-related supply worries](https://longbridge.com/en/news/296476225.md)
- [W.Africa Crude - Market quiet, awaiting loading programs](https://longbridge.com/en/news/296384200.md)
- [Why is your gold waiting on a speech?](https://longbridge.com/en/news/296733808.md)
- [Fundstrat Sees 30% Swing In Bitcoin’s Price](https://longbridge.com/en/news/296239209.md)
- [PRECIOUS-Gold retreats as bond yields surge to highest levels in decades](https://longbridge.com/en/news/296241483.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**