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Advanced Micro Devices shares fell nearly 3% in premarket trading and more than 5% intraday Monday as surging Treasury yields and oil prices pressured…
Global stocks slip as surging US bond yields overshadow easing oil prices, with investors eyeing key inflation and jobs data for Fed rate clues.
Gold opened the week sharply lower, falling 2.6% to $4,170 an ounce as rising crude prices fueled inflation worries and reinforced expectations of tighter Fed policy, while investors monitored the Strait of Hormuz standoff and upcoming interest rate decisions.