Oil surges on Iran tensions, yields seesaw, tech holds up

1. 1Renewed US-Iran hostilities and a spike in crude early in the week pushed yields higher, pressuring equities.
2. 2Dovish Fed remarks and weak ADP data cut September hike odds from above 60% to a coin flip.
3. 3Mega-cap tech rebounded to lift the market, while energy led on a weekly crude gain of roughly 10%.

Source NYSE +1 · View original ↗

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