Stocks climbed alongside bonds after days of selling as oil prices fell, with traders betting the Federal Reserve will raise interest rates to combat inflation and maintain its credibility. [06:59 ET] US officials met Houthis in Oman over the weekend after an Iran-backed group seized a strategic stretch of the Red Sea coast - Sources [Oil Weakness, S&P 500 Strength]
Stocks climbed alongside bonds after days of selling as oil prices fell, with traders betting the Federal Reserve will raise interest rates to combat inflation and maintain its credibility. [06:59 ET] US officials met Houthis in Oman over the weekend after an Iran-backed group seized a strategic stretch of the Red Sea