S&P 500, Nasdaq Slip as $98 Brent Reignites Inflation Fears: Stock Market Today
Crude near $98 pushes the 10-year Treasury yield above 4.8% for the first time since 2023, hammering the Dow as traders price a Fed rate hike next week.
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Despite the S&P 500's historic 329-session streak, HSBC and Deutsche Bank warn that stagflation and leverage threaten this "Teflon" market.
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