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Posted inDaily Analysis, Earnings Watch, Economy, Markets, Pre-Market Briefing, Sector -- Consumer, Sector -- Energy

Is $96 Oil the Shock That Finally Breaks This Rally?

U.S. equity futures are under modest pressure Thursday, with E-Mini S&P 500 contracts off 0.44% to 7,538.50 as oil prices spike to $96.29 per barrel after Iran struck Kuwait International Airport. The VIX climbed to 16.50 and the 10-year Treasury yield edged up to 4.489%, while g

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