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Oil Prices Fall on US Inventory Build and Inflation Concerns /
npub10ds…2x8t
2024-05-17 18:58:02

Oil Prices Fall on US Inventory Build and Inflation Concerns on Nostr: Rising yields put pressure on equities as oil prices climb =============== #909cfb47 ...

Rising yields put pressure on equities as oil prices climb
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#909cfb47 ver:0.67

Rising yields and climbing oil prices put pressure on equities, causing US stocks to hit lows. The S&P 500 is down, reflecting skepticism about growth. The energy market, particularly WTI crude and July natural gas, is impacting equities. Oil prices are up as OPEC+ is expected to extend production agreement. Goldman Sachs predicts Q2 GDP growth of 3.2%. Fed pricing may move from two rate cuts to three. #Equities #OilPrices #StockMarket #GDP #Fed...

#newstr #Equities #Yields #Stocks #OilPrices #GdpGrowth #FedFundsFutures #Opec+

https://here.news/story/909cfb47?ver=0.67
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