US stocks today: US stocks retreat as oil crosses $100, yields rise ahead of inflation data
· economictimes.indiatimes.com
US stocks fell on Wednesday as Brent crude climbed above $100 a barrel, raising fresh inflation concerns and weighing on investor sentiment. The S&P 500, Nasdaq and Dow declined as Treasury yields rose ahead of key US inflation data. Markets are also weighing the possibility of a Federal Reserve rate hike next week.
Oil surge raises fresh inflation concerns
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Inflation data now takes centre stage
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