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Fed Rate Hike Bets Surge on Jobs Beat While Iran Strikes Ignite Oil Risks

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

News Summary

  • US equity indexes closed mixed as a blowout August payrolls report stoked expectations of a September Fed rate hike, pushing 10-year yields to 4.78%.
  • Concurrently, US military strikes against Iranian targets following attacks on Strait of Hormuz shipping elevated Middle East geopolitical and energy disruption risks.
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US500 price history

7619.98 +12.62% over the displayed period

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