🎢 Hold tight! The Dow, S&P, and Nasdaq are on a thrill ride, all sliding downhill. Oil prices spike, and everyone's thinking, 'Here comes the inflation boogeyman again!' 🛢️

Midday bell rings, and the US services sector is like, 'Surprise! We're growing faster than you thought.' Now, the market's thinking, 'Wait, does this mean more rate hikes?' 🤔

Apple and Nvidia? Both down by 3%. But hey, every cloud... right?

Economists had their crystal balls fogged up. They didn't see that August's 54.5 reading from the Institute for Supply Management coming, especially after July's 52.7. Oh, and they definitely didn't foresee it beating their 52.5 prediction! 🌐

By 9:40am, US stocks were already feeling a bit blue with renewed rate rise chills. But don't blame them entirely. That rising oil price is whispering inflation tales again, and Neil Wilson at Markets.com is hinting that the Fed's work isn't over. 🛎️

Bright spot? Streaming service Boku's shares are dancing upwards by 11% thanks to some clever cost-cutting moves.

Rise and shine at 7:00am, and those rising oil prices are already causing some furrowed brows. Bankers are reaching for their aspirins, thinking about the inflation rollercoaster ahead. 🎡

All eyes now on the Beige Book release – the stock market's next crystal ball. 📖

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