Section
Markets
Markets
S&P 500 and Nasdaq slip from records as US-Iran Hormuz exchange resumes
Wall Street reversed off intraday all-time highs on Thursday after a fresh exchange of fire near the Strait of Hormuz lifted oil and pulled traders out of the rally that had carried both indices to new records at the open.
By Avery Lin
Markets
30-year Treasury yield tests 5 per cent as oil, growth and rate fears converge
The 30-year Treasury yield tested the 5 per cent threshold this week, climbing to its highest level since 2023 as oil, growth and rate fears converged.
By Helena Brandt
