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Market Impact: 0.6
Dow falls 450 points while rising oil prices send Treasury yields racing toward 5%, Iran fears renewed
Source: nypost.com
Geopolitics & WarEnergy Markets & PricesInterest Rates & YieldsInflationMonetary Policy
Stocks fell Tuesday as oil prices rose, lifting bond yields and worsening risk sentiment. Investors are concerned that renewed fighting in Iran could keep energy costs elevated and strengthen the case for the Fed to hike rates, contributing to a bumpy start to the month.
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