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S&P 500 Slips as Oil Spikes and Rising Yields Pressure Tech Stocks

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The Story

News Summary

  • US equities slipped as surging energy prices and geopolitical turmoil in the Middle East stoked inflation fears.
  • Rising corporate borrowing costs and potential US Treasury sales by Japan further pressured credit-sensitive mega-cap tech stocks, sending major US benchmark indices into the red.
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US500 price history

7656.98 +14.20% over the displayed period

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