A rally in oil prices fueled renewed bond volatility and pushed stocks lower, with the market extending losses after data showed factories are facing persistent inflationary pressures. [10:00 ET] US ISM Mfg. Prices Paid Actual 77.9 (Forecast 73, Previous 71.1) [DXY & US Bond Yields Strengthened, US Stock Indexes Weakened]
A rally in oil prices fueled renewed bond volatility and pushed stocks lower, with the market extending losses after data showed factories are facing persistent inflationary pressures. [10:00 ET] US ISM Mfg. Prices Paid Actual 77.9 (Forecast 73, Previous 71.1) [DXY & US Bond Yields Strengthened, US Stock Indexes Weaken