Wall Street falls as bond yields and oil prices rise
U.S. stocks started September with declines as escalating Middle East tensions pushed oil prices higher and global bond yields reached multiyear peaks. Markets increased rate hike bets.
Xurve View
Insights:
Xurve View
United States stocks fell on Tuesday, with the S&P 500 dropping 54.67 points, or 0.71%, to 7,631.47 amid a deepening global bond selloff. The downturn was driven by escalating geopolitical conflict and rising rate hike expectations.
