Schlumberger is trading at $53.66, down 4.28%, as broad risk-off selling intensified ahead of the Federal Reserve’s September 15–16 meeting.
- The S&P 500 is down 0.65% and Nasdaq is down 0.85%
- Oil-market volatility and Middle East supply concerns are raising inflation and rate fears; Brent recently climbed about 3%
- No clear company-specific catalyst was identified