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US stocks fall as Iran conflict lifts oil, inflation and Fed rate hike bets

Source: invezz.com

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US stocks fall as Iran conflict lifts oil, inflation and Fed rate hike bets

US stocks opened lower as renewed US–Iran military clashes lifted oil prices, raising inflation concerns. The shock also increased uncertainty around the Fed’s September interest-rate path. Risk-off positioning around rates and energy-driven inflation pressures is likely contributing to the weak open.

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