U.S. stocks slip after bond yields jump on higher oil prices and a strong economic report
U.S. stocks are falling on Wednesday after oil prices halted their weeklong run of easing and a surprisingly strong report on U.S. business activity raised worries about inflation.
TL;DR
- U.S. stocks are falling.
- Oil prices have stopped their week-long easing trend.
- A strong U.S. business activity report has raised inflation worries.