Wall Street Falls as Oil Tops One Hundred Dollars
U.S. stock indexes fell as oil prices moved past one hundred dollars a barrel and Treasury yields reached their highest levels since late 2023. Investors awaited crucial inflation data later in the week to gauge the Federal Reserve interest rate path.
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United States equities fell during Wednesday morning trade as Brent Crude Oil surged past $100 a barrel and Treasury yields hit 2023 highs. The broad market pullback pressured major indexes ahead of crucial inflation data slated for later in the week.
