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Dow Gains Modestly as Yields Ease Amid Global Bond and Oil Turmoil

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • The Dow opened modestly higher as Treasury yields eased following Fed remarks downplaying an imminent rate hike.
  • However, soaring global bond yields, geopolitical conflict, and rising crude oil prices continue to fuel inflation concerns and weigh on broader international markets.
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