Weekly Market Recap - Friday, 11-Sep

US equities were lower this week, with the S&P 500 and Nasdaq snapping two-week winning streaks. Iran conflict and energy-market spillovers remained a major market headwind, with increased kinetic activity and dwindling diplomatic off-ramps pushing WTI and Brent above $100 and US diesel above $6/gallon. August CPI came in slightly hotter than expected and strengthened the case for a September Fed hike.