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The Piney Point

A reprieve from rising oil prices helps steady the US stock and bond markets

A reprieve from rising oil prices helps steady the US stock and bond markets
Photo: KPRC 2 / Click2Houston (NBC) · view original

A cooldown in oil prices on Friday is helping to release some of the pressure that’s built up on Wall Street, and U.S. stocks are ticking higher. The S&P 500 added 0.3%, coming off a three-day losing streak marked by big swings caused by rising yields in the bond market. The main measure of the...

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