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European Morning Brief · Wednesday 9 September 2026

The Trade Academy Team

Sep 9

1 min read

Brent is knocking on $100 — and the healthcare selloff closed worse than it opened
Brent trades at $99.48 this morning, up 1.59% since Tuesday's settle and roughly 10% above where it stood a fortnight ago. Tuesday's healthcare decline deepened into the close: the US Health Care sector ETF finished down 2.52%, Novartis 11.14% and Novo Nordisk 2.32%. Europe was otherwise flat, the SMI down 1.55% and every other index within a fifth of a percent of unchanged. Wall Street closed lower with the Dow off 1.18%. The ECB decides tomorrow. — Brent is knocking on $100 — and the healthcare selloff closed worse than it opened

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