S&P 500 Sags as Strong US Manufacturing Data Sparks Surge in Treasury Yields
US STOCKS OUTLOOK: S&P 500 falls for the second day in a row, but finishes well off its session’s worst levels Strong ISM manufacturing data in the U.S. boosts Treasury yields, sparking speculation that the Fed will have to continue hiking rates aggressively to cool demand and tame inflation This article looks at the key …
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