Stocks climb and Treasury yields slip as oil falls
U.S. stock futures rose in early European trade and 10-year Treasury yields fell back below 5% as Brent crude dropped below $104 a barrel, helping sentiment after the Fed’s Wednesday rate hike.
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U.S. stock futures rose in early European trade and 10-year Treasury yields fell back below 5% as Brent crude dropped below $104 a barrel, helping sentiment after the Fed’s Wednesday rate hike.
The Hang Seng Index slipped 1.0%, or 257 points, to 24,691, extending weekly losses as Brent crude rose and global yields climbed.
Bitcoin briefly tops $80,000 while crude oil falls after President Donald Trump says the U.S. Navy removed “all mines” from the Strait of Hormuz.
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.
U.S. stocks traded in split fashion by midday Wednesday, with a resilient Dow and S&P 500 masking softer breadth as rising oil prices and fresh tariffs kept a lid on risk appetite ahead of the first “Magnificent Seven” earnings of the season. Oil prices climbed as the U.S. carried out its 11th consecutive night of stri