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Markets React to Middle East Tensions | US News
Markets are leveling after yesterday’s tech sell-off, with investors now focused on Middle East tensions and retail performance. Target boosted its sales forecast—good news for its turnaround—while Lowe’s expects zero growth, highlighting lingering consumer caution amid rising inflation fears. Biotech’s Moderna soars over 60% after a breakthrough trial result, offering hope in a volatile sector. Bond yields hit multi-decade highs due to debt and global uncertainty, with experts predicting either a yield drop if tensions ease or stock valuations must adjust. Later today, the Fed’s July meeting…
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