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US Futures Tumble as 10-Year Yield Tops 5% and Oil Spikes

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

News Summary

  • U.S.
  • stock futures slid as the 10-year Treasury yield surged above 5% ahead of the Federal Reserve's rate decision.
  • A Saudi pipeline shutdown drove crude prices higher, exacerbating inflation fears, while tech and AI shares slumped, with Nvidia dropping 3%.
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