Stocks fall further as oil spike fans fresh inflation worries
Equities extended losses Thursday as inflation fears were stoked by a fresh jump in oil prices following a report that said Donald Trump was considering more Iran strikes ahead of next month's US midterm elections.The spike in oil prices fanned inflation fears again and put fresh upward pressure on government bond yields to multi-year highs.
Equities extended losses Thursday as inflation fears were stoked by a fresh jump in oil prices following a report that said Donald Trump was considering more Iran strikes ahead of next month's US midterm elections.The spike in oil prices fanned inflation fears again and put fresh upward pressure on government bond yields to multi-year highs.
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