Finance

Crude futures retreated on Tuesday, with international benchmark Brent dropping below the $100 per barrel mark. Price pressures cooled as Middle East export volumes recovered through key shipping infrastructure and markets anticipated a coordinated strategic stockpile release from Group of Seven nations.

U.S. Treasury yields moderately declined, providing relief to the broader equity market. The stabilization follows soft domestic employment data that significantly lessened investor expectations for an aggressive interest rate hike from the Federal Reserve before the end of the year.

Digital assets edged higher on Tuesday following the broad rally across traditional Wall Street stock indexes. Bitcoin hovered around the $86,000 range, recovering significantly from its mid-year lows though remaining below its all-time high established exactly one year ago.