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US stocks inch higher, but undermined by rising yields

US markets ended on Friday with mixed results, as elevated bond yields and high oil prices weighed on the market. The S&P 500 inched 0.2 percent higher after drifting between modest gains and losses…

  • US stocks inch higher by 0.2%-0.4% on Friday
  • 10-year Treasury yield surges to 5%, highest since 2023
  • Brent crude price rises nearly $110, settling at $103.87

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