Wall Street stumbled to weekly losses as surging oil prices and bond yields fueled concerns about inflation and Federal Reserve policy.
US stocks posted weekly losses, with surging oil prices and rising bond yields cited as the driving factors, according to a report from CNBC.
The higher commodity and fixed-income costs have stoked concerns around inflation and Federal Reserve policy direction, pressuring equity markets across the week.
Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.
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