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Stocks pummeled as yields and oil extend gains, dollar firms ahead of Powell

Stocks pummeled as yields and oil extend gains, dollar firms ahead of Powell

Global Market Insights - Forex, Futures, Stocks

October 19, 20235m 7s

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Bond yields continue to rise as surging oil prices add to higher for longer case. Stocks pressured as higher yields start to bite, earnings disappoint. Oil and gold ease from highs but eye more gains amid ongoing tensions in Mideast.

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