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Yields and Oil Jump on Middle East Tensions as Wall Street Tumbles

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

News Summary

  • Surging oil prices and multi-year high U.S.
  • Treasury yields hammered Wall Street equities as Middle East tensions escalated.
  • Concerns over energy supply shocks and renewed inflation risks boosted crude benchmarks while dragging major stock indices lower, particularly tech-heavy sectors sensitive to rising yields.
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