Published September 4, 2026 Updated about an hour ago By Reuters NEW YORK: Wall Street’s main indexes rose on Thursday after Federal Reserve Governor Christopher Waller said he could support holding rates steady this month if data confirms price pressures are cooling off. The comments prompted traders to lower bets on a hike, and could dispel the gloom in markets following the latest military exchanges between the US and Iran. But borrowing costs may need to rise if inflation data shows price pressures persist, he said. Traders still expect a nearly 50 percent chance of a hike this month, according to the CME FedWatch tool. “Even if domestic inflation data improves, a sustained rise in oil prices could keep inflation concerns alive and make it harder for the Fed to remain on the sidelines,” said Jeff DerGurahian, loanDepot’s chief investment officer. Brent crude futures rose 0.49 percent on Thursday — their fourth consecutive day of gains. Separately, data released on Thursday showed US services sector activity picked up in August. Investors hungry for positive catalysts are now eyeing Friday’s jobs data, but some have cautioned against placing too much emphasis on the report as Federal Reserve…