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Posted inCompanies, Daily Analysis, Earnings Watch, Economy, Markets, Sector -- Consumer, Sector -- Energy, Sector -- Financials, Sector -- Technology

Is Oil at $106 Killing the Fed’s Rate-Cut Window?

WTI crude oil surged approximately 7% to above $106 per barrel Wednesday as the U.S.-Iran standoff over the Strait of Hormuz intensified, overshadowing a strong earnings session that included NXP Semiconductors up 25.26%, Visa up 10%, and Starbucks up 8.48%. The S&P 500 sits near

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