Oil surge keeps a lid on stocks even as August ends with gains

1 min read
Source: Yahoo Finance
Oil surge keeps a lid on stocks even as August ends with gains
Photo: Yahoo Finance
TL;DR Summary

U.S. stocks fell on Monday as a jump in oil prices revived inflation fears and pushed yields higher, but the major indices for August still posted gains, with energy shares leading advances while investors priced in a potential September rate hike by the Fed.

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