Stocks Fall as Inflation Jitters Boost Bond Yields: Markets Wrap
Stocks joined bonds lower as a rally in oil prices stoked worries about inflationary pressures, which were further reinforced by data showing US business activity jumped at the fastest pace since 2021.
READ NEXT
More on the wire
AI TLDR
Senate Republicans blocked a Democratic-led war powers resolution aimed at ending the war in Iran. The vote occurred as some GOP members distance themselves from President Trump regarding the conflict.
AI TLDR
A suspect allegedly attacked two people while they were sleeping in their home. One victim was killed and the other remains in critical condition.
AI TLDR
A state autopsy report from Mississippi has determined that the cause and manner of death for teenager Nolan Wells are currently undetermined.