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US Stocks Drop as Treasury Yields Surge and Middle East Oil Tensions Escalate

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

News Summary

  • U.S.
  • stock indices dropped as Treasury yields surged following wholesale price data.
  • Escalating Middle East tensions, marked by U.S.
  • forces destroying five Iranian crude tankers, kept oil prices above $100 per barrel and heightened inflation worries.
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104.61 +64.07% over the displayed period

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