The Age
·general
·1 hour ago
US stocks near records as oil prices fall five percent globally
US stocks hovered near record highs as oil prices fell 5 percent, easing inflation pressures on households and businesses globally. The S&P 500 rose 0.1 percent while airline stocks rallied on lower fuel costs. Australia's ASX futures pointed to a 0.5 percent decline at open, while Treasury yields eased as crude dropped following a US-Iran ceasefire.
Summary by Glance · The Age
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