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S&P 500 Breaks Key Support as Yields and Oil Spike Ahead of CPI

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • The S&P 500 broke below its 50-day moving average as surging Treasury yields and rising crude oil prices pressured equities.
  • Investors remain cautious ahead of crucial CPI inflation data that could cement expectations for an upcoming Federal Reserve interest rate hike.
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US500 price history

7656.98 +14.20% over the displayed period

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