Stock indexes fall as oil prices rise, 10-year yield tops 5%
Major market indexes declined Monday amid higher oil prices and a brief surge in Treasury yields.
The major stock averages fell Monday as oil prices climbed and the 10-year Treasury yield briefly exceeded 5%, according to CNBC.
The moves reflect broader market sensitivity to energy costs and interest rate expectations heading into the next trading session.
Sources
- Tuesday's big stock stories: What’s likely to move the market in the next trading session — CNBC — Top News
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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