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Equities: The S&P 500 rallied out of the gate but relinquished much of those advances as a downtick in consumer sentiment hit a half-year nadir, notably as inflation expectations hardened at an ascension of 3.5% over the forthcoming annum, marking a semiannual peak. U.S. equities could be bracing for stronger gusts of resistance on the horizon, with the New ...
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Demand Doldrums: Oil prices extended its decline following indications of sluggish fuel demand, coupled with remarks from U.S. Federal Reserve officials that tempered expectations of interest rate reductions. This potential lack of rate cuts could impede economic growth and limit fuel demand in the world’s largest economy. Analysts predict that the Federal ...