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Dow slipped 0.1% amid profit-taking after record highs, weak consumer sentiment, and unexpected retail sales decline. High oil prices raised economic growth concerns despite eased rate hike fears.
Oil prices rose on Iran war and Red Sea shipping fears while Asian markets mostly gained, led by chipmakers. Wall Street slipped ahead of key U.S. inflation data expected to show cooling to 3.4%.
Oil and gold rose on Iran war tensions and Houthi attacks near Bab el-Mandeb, while Wall Street pulled back from record highs. Korean chipmakers surged over 4% ahead of a critical US inflation report.
Asian markets mixed as AI-linked chip selloff eases. Oil jumped over 1% on Strait of Hormuz reopening uncertainty despite Iran-Oman progress. US stocks dipped Thursday but strong S&P 500 earnings gro…
Wall Street retreats after five-day rises; Brent crude rallies and Treasury yields climb. EURUSD inches higher on rate cut expectations as Bitcoin plunges amid crypto deleveraging ahead of key US eco…