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Surging PPI and $107 Brent Crude Hammer Stocks as Fed Rate Hike Odds Spike

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

News Summary

  • Surging wholesale inflation of 5.4% and Brent crude climbing to $107 per barrel amid escalating Iran conflict triggered broad risk-off sentiment.
  • Rising bond yields and jump in Federal Reserve rate hike expectations to 70% weighed heavily on equity markets and risk assets.
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BRENT price history

104.61 +64.07% over the displayed period

Advisor Snapshot

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