Stock Market Today: Nasdaq 100 Tumbles as Oil Spikes 6%, Yields Hit 19-Year High
Crude jumped 6% and 30-year Treasury yields hit levels last seen in 2007 as a hot PPI print pushed Fed rate-hike odds toward 70% ahead of Friday's CPI.
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As the Rotation Dies, Wall Street Is Blaming the Wrong Flaw in Small Caps
Surging energy prices and rising yields stall market broadening, forcing a return to mega-cap tech and semiconductor dominance.
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