Inflation jitters damp risk appetite ahead of Iran talks

1 min read
Source: MarketWatch
Inflation jitters damp risk appetite ahead of Iran talks
Photo: MarketWatch
TL;DR

Friday’s rally faded as U.S. inflation stayed elevated and oil prices remained high ahead of Saturday’s Iran talks in Islamabad, leaving investors cautious about risk-taking. The Dow fell about 0.6%, the S&P 500 barely moved, and the Nasdaq gained, while the 10-year yield rose to around 4.32% as traders weigh inflation, energy costs, and how talks will influence Fed policy.

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