Stocks and bonds rise as oil falls
Equities and bonds rose in tandem, with falling oil prices cited as supporting optimism that inflation can stay under control following the prior-day Fed rate increase.
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Equities and bonds rose in tandem, with falling oil prices cited as supporting optimism that inflation can stay under control following the prior-day Fed rate increase.
Nebius Group NV (NASDAQ: NBIS) shares trade lower as investors rotate away from AI cloud names amid inflation worries, rising bond yields and broader energy-market तनाव cited in the feed.
TeraWulf Inc. (NASDAQ: WULF) shares are lower as AI cloud services stocks decline broadly, with rising inflation fears and higher bond yields weighing on high-growth companies.
AMD falls 5%, Broadcom and Meta around 3%, and NVIDIA 2% as the 30-year Treasury yield reaches its highest level since 2007, pressuring tech valuations.