Stocks Fall, Oil And Rates Rise As Inflation "Roars Back"
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Source: Zero Hedge
Published: 2026-05-12 23:21 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Business, Middle East, Military & Defence, Iran, Technology & AI, Energy, Economy & Finance, Financial Markets, Labour & Workers, Tax & Budget, Commodities, Business & Economy, War & Conflict, Technology
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Snippet:
US equity futures and bonds were lower as oil climbed, with a key inflation report showing the impacts of higher energy and supply disruptions stemming from the war in Iran. Stocks are poised to fall from all-time highs after the core CPI rose more than expected in April. As of 9:15am S&P futures ewere down 0.2% and Nasdaq futures dropped 0.7% as a slide in chipmakers and big tech names dragged down the market in early US hours.
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