AI Selloff and $100 WTI Hit Records Into FOMC: S&P 7,126 (-0.66%), Nasdaq 24,592 (-1.18%), Gold $4,580 (-2.0%), BTC $76.4K, ETH $2,281

ThriveInMarkets daily analysis hero — gold-textured WTI oil barrel up 3.4 percent at $99.71 on the left, fractured gold ingot down 2 percent at $4,580 on the right, headline AI Selloff and $100 Oil Hit Records Into FOMC across center on dark navy circuit-board background, April 28 2026
Tuesday opens FOMC Day 1 with two fresh shocks on the tape. WTI surged above $100 (now $99.71, +3.4%) after a New York Times report that President Trump is dissatisfied with Iran's Hormuz reopen proposal because it postpones nuclear talks; Brent prints near $111. A Wall Street Journal report that OpenAI missed internal revenue and user-growth targets, with CFO Sarah Friar warning leadership the firm may struggle to fund its compute contracts, ripped through the AI infrastructure complex: Oracle -5.2%, AMD and Intel both -4%, Nvidia and Broadcom -3% to -5%, CoreWeave sharply lower, and SoftBank -10% in Tokyo. The S&P 500 trades 7,126.42 (-0.66%) off Monday's record close of 7,173.93; Nasdaq -1.18% at 24,592.37. Gold plunges 2% to $4,580 as real yields climb on the oil-driven inflation impulse. Bitcoin trades $76,400 (-2.0% 24h) testing the $75K floor that has held every session in April; Ethereum at $2,281 (-0.2%). The April 28-29 FOMC begins today; Powell's press conference at 18:30 UTC Wednesday is the entire macro trade. Microsoft, Meta, Alphabet and Amazon report after the close Wednesday on the same day; Apple Thursday.
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