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US500 Slides as Oil Surges Past $107 and Fed Rate Hike Loom

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The Story

News Summary

  • U.S.
  • equity futures dropped as drone attacks on Saudi oil infrastructure pushed Brent crude above $107, reigniting inflation fears.
  • Concurrently, rising Treasury yields near 5% and high expectations for central bank rate hikes from both the Federal Reserve and Bank of Japan heighten pressure on stocks.
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US500 price history

7619.98 +12.62% over the displayed period

Advisor Snapshot

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