The STI Index fell 30 points, or 0.6%, to 4,857 in morning trade on Wednesday, extending losses for a sixth straight session and reaching its lowest level since March 13. The broader index tracked declines on Wall Street overnight amid signals of weakness in OpenAI and rising oil prices. Most sectors traded in the red, including transportation, utilities, and consumer non-durables. Traders were cautious ahead of the Fed’s monetary policy decision later today, as well as rising oil prices that could increase domestic inflation. Among early losers were Singapore Telecommunications (-2.8%), Keppel (-1.6%), Jardine Matheson Holdings (-1.4%), and Hongkong Land Holdings (-1.4%).