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Look closer, and Wall Street’s rally is showing cracks

Look closer, and Wall Street’s rally is showing cracks
Key Points

Major stock indexes hovering near records are masking a market straining under elevated oil prices, rising Treasury yields and a Federal Reserve bracing for additional interest-rate hikes.

Major stock indexes hovering near records are masking a market straining under elevated oil prices, rising Treasury yields and a Federal Reserve bracing for additional interest-rate hikes.
Treasury (ORG) Federal Reserve (ORG)
Originally published by MarketWatch Read original →