U.S. Stocks Fall as Oil Tops $100, Yields Hit Multiyear Highs
U.S. stocks fell for the fourth straight session and Treasury yields hit multiyear highs as U.S. oil prices topped the $100-per-barrel level while August inflation data revealed the toll energy costs are taking on commercial users.
Oil Futures Jump as Middle East Escalation Raises Supply Worries
Crude oil prices rose to new multimonth highs, with Brent and WTI futures settling above $100 a barrel as escalating attacks on Middle East shipping and renewed Houthi strikes on Saudi Arabia increased concerns about supply from the region.
U.S. 10-Year Treasury Yield Nears 5% as Oil Fuels Inflation Fears
