U.S. stocks ended down on Thursday after producer price data for August and surging oil prices stoked worries the Federal Reserve will hike interest rates next week, while climbing Treasury yields made stocks less attractive. Heavyweight chipmakers lost ground, with Nvidia down 2.3% and Micron Technology losing 4.7%, both weighing on the S&P 500. Apple rallied 3.6% a day after launching a $1,999 iPhone. With supply routes through both the Strait of Hormuz and the Red Sea disrupted by the…
