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US500 Slumps as Hot PPI Data and Oil Surge Drive Treasury Yields Higher

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The Story

News Summary

  • U.S.
  • stock futures slid as higher-than-expected PPI data and surging energy prices drove Treasury yields up.
  • The S&P 500 contracts dropped 0.5% amid renewed fears of Federal Reserve rate hikes, while semiconductor stocks suffered notable premarket declines alongside broad index pressure.
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Stored market data

US500 price history

7656.98 +14.20% over the displayed period

Advisor Snapshot

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