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As gasoline prices slide, here’s how the stock market tends to respond

Jamie Chisholm
~1 minute

Need to Know

Critical information for the U.S. trading day

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Falling WTI crude oil prices have helped push the cost of gasoline lower Photo: Brandon Bell/Getty Images

The prospect of the Federal Reserve on Wednesday starting a cycle of interest rate cuts — with either a 25 or 50 basis point reduction — has gripped Wall Street.

The S&P 500 index will start the week a fraction below its record high as 2-year Treasury yields trade at their lowest since September 2022.