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Citi Warns S&P 500 Target Stretched as Yields and Oil Rise

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

News Summary

  • Citi cautioned that its year-end S&P 500 target appears overly aggressive due to rising oil prices and surging bond yields.
  • The bank warned that 10-year Treasury yields approaching 5.0% alongside oil above $80 could trigger tactical market disruptions and stall equity rallies.
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US500 price history

7656.98 +14.20% over the displayed period

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