while the 10-year yield has climbed to roughly 5.14% and markets are pricing about a 71% probability of another Fed hike in October. WTI crude is also up more than 2% near $94, keeping the rates/inflation trade firmly in focus. President Donald Trump meets Chinese President Xi Jinping at the White House today, with trade, rare earths, AI and an extension of the U.S.-China trade truce expected to dominate discussions. Premarket, Stitch Fix is plunging roughly 18% following weak guidance, Oracle is down about 1.6%, while Costco is little changed ahead of earnings after today's close. Today's economic calendar features initial jobless claims at 8:30 AM ET, new-home sales at 10:00 AM and Kansas City Fed manufacturing at 11:00 AM, along with Richmond Fed President Tom Barkin at 8:30 AMā€”leaving 5%+ Treasury yields, oil, the Trump-Xi summit and Fed expectations as the primary drivers for today's session. 24-SEP-2026 06:44 AM ET