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Stock Market Today: S&P 500 Slips as Oil Spikes 5%, 10-Year Yields Near 5.35%

Benzinga ·

Benzinga reports: U.S. stocks slipped by midday Thursday as oil surged more than 5% on fresh Persian Gulf tanker attacks, while Treasury yields climbed back toward their highest levels since 2002 and the Federal Reserve’s hawkish minutes kept rate-hike bets alive. President Donald Trump said he no longer wants a deal with Iran, while noting Tehran was willing to offer “anything to stop” the conflict. Reports that Washington is preparing possible large-scale strikes, combined with lower…

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