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Wall Street Highlights: S&P 500, Nasdaq Selloff Stalls On Report Of US-Iran Talks Over Hormuz
As rising oil prices worsen inflationary pressures, equities continued to face headwinds from rising US Treasury yields, which extended gains from Wednesday, when the market saw one of the biggest one-day selloffs since President Donald Trump's April 2025 tariff rollout sent markets into a tailspin.
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