Oil hits $100, yields surge as markets slip and Oracle earnings loom
TL;DR Summary
Stocks fell as oil jumped to $100 a barrel and the 10-year yield spiked, weighing on equities ahead of Friday’s CPI report, with Oracle earnings on the calendar.
- Stock Market Today: Dow, S&P 500 and Nasdaq fall as U.S. oil prices surge to $100 a barrel and Treasury yields jump; stocks on track for weekly losses; Oracle earnings on tap MarketWatch
- Stock futures tumble as U.S. oil prices jump over $100 a barrel: Live updates CNBC
- Oil prices climb back to where they were in May and drag Wall Street lower Anchorage Daily News
- Oil Prices Surge as Stocks and Bonds Wobble The New York Times
- Wall St slips after hotter-than-expected producer inflation data Reuters
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