S&P 500 Falls as Inflation Worry Lifts Bond Yields

Bloomberg 56 min ago

A stalemate between the US and Iran boosted oil prices, dragging down stocks and bonds on concerns that elevated energy costs could fuel inflation and trigger further Federal Reserve rate hikes. Drew Matus, Chief Market Strategist at Metlife Investment Management, discusses his market outlook. (Source: Bloomberg)

This is a short extract from a report by Bloomberg. The full text stays with the publisher — follow the link to read it there.

Read at source

Business

More