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Market Mixed as Yields Rise | US News
Description
Stocks ended the week mixed after a three-week winning streak, as rising bond yields rattled investor confidence and pressured riskier assets. Middle East tensions and climbing oil prices added uncertainty, but strong services data helped cushion the blow. One firm raised its S&P 500 forecast, while the government doubled down on bond buybacks for stability. Upcoming tech earnings and the Fed’s Jackson Hole speech will keep markets on edge.
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