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Stocks on Wall Street declined on Tuesday, with the S&P 500 falling 0.4% amid rising oil prices and a sell-off in U.S. government bonds. The yield on the 10-year Treasury rose to 4.77%, contributing to concerns about inflation and higher borrowing costs. Oil prices, influenced by geopolitical tensions, have further exacerbated inflationary pressures.
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Stocks on Wall Street declined on Tuesday, with the S&P 500 falling 0.4% amid rising oil prices and a sell-off in U.S. government bonds. The yield on the 10-year Treasury rose to 4.77%, contributing to concerns about inflation and higher borrowing costs. Oil prices, influenced by geopolitical tensions, have further exacerbated inflationary pressures.
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Stocks slip on Wall Street under pressure from rising oil prices, bond sell-off
Stocks Decline on Wall Street Amid Rising Oil Prices and Bond Sell-Off