Wall Street Points to More Losses as Oil, Bond Yields Rise and Odds of a Fed Rate Hike Increase
7 Articles
7 Articles
Wall Street points to more losses as oil, bond yields rise and odds of a Fed rate hike increase
Wall Street futures are sliding but are off earlier lows with the opening bell approaching. Artificial-intelligence stocks slid overnight and oil prices continued to climb as fighting in the Middle East keeps squeezing the global flow of crude amid rising…
Futures trading on Wall Street is clearly pointing downward ahead of the US stock markets opening on Tuesday. The broad S&P500 index, which fell 0.5 percent on Monday, looks set to continue its decline by another 0.6 percent. Risk appetite is being negatively affected by rapidly rising long-term interest rates in the wake of global energy price increases due to major supply disruptions resulting from the Middle East war and the Ukraine war. The …
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