S&P 500 Falls as Inflation Worry Lifts Bond Yields

Iran barely moved and your 401k already found out about it.

A stalemate between the US and Iran boosted oil prices, dragging down stocks and bonds on concerns that elevated energy costs could fuel inflation and trigger further Federal Reserve rate hikes. Drew Matus, Chief Market Strategist at Metlife Investment Management, discusses his market outlook. (Source: Bloomberg)

Read it at Bloomberg Markets ↗

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