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Stocks, Bonds Fall as Oil Jumps on US-Iran Jitters: Markets Wrap
(Bloomberg) -- A surge in oil prices rippled through global markets, hitting stocks and bonds on worries that higher energy costs will fuel inflation and force the Federal Reserve to boost rates.
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swissinfo.ch
Stocks Fall as US-Iran Strikes Spur Rally in Oil: Markets Wrap
(Bloomberg) -- A flare-up in geopolitical risks sent stocks and bonds lower as oil climbed, raising concerns about inflationary pressures that could make the Federal Reserve raise…
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nbcnews.com
Oil prices surge after U.S. renews Iran strikes, heightening inflation fears
Stocks and bonds were already under pressure from a global sell-off and fears that an interest-rate hike by the Fed would rein in economic growth.
