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Latest financial news from across the markets

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U.S. Treasury yields remained steady as investors awaited key wholesale inflation data, while stock futures inched higher amid ongoing concerns about rising oil prices, which have surpassed $100 a barrel. Wall Street experienced a dip as inflation worries weighed on investor sentiment, particularly following a surge in Brent crude prices. In corporate news, Bank of America's CEO noted consumer resilience despite rising gas prices, and Samsung is working to attract iPhone users to its foldable devices as Apple enters the market with new offerings. Meanwhile, geopolitical tensions continue to influence market dynamics, particularly with developments related to Iran and the ongoing conflict in the region.

Latest Market Updates

'Fear gauge' VIX is starting to attract hedges into historically volatile month

'Fear gauge' VIX is starting to attract hedges into historically volatile month

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Trump promises $5,000 'dividend' to U.S. citizens if Republicans win midterms

Trump promises $5,000 'dividend' to U.S. citizens if Republicans win midterms

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Samsung works to draw iPhone users to its foldables even as Apple enters market

Samsung works to draw iPhone users to its foldables even as Apple enters market

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CNBC Daily Open: Apple's new iPhone bends. Bond vigilantes, not so much

CNBC Daily Open: Apple's new iPhone bends. Bond vigilantes, not so much

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Inside India newsletter: India’s green push aims to boost energy security but exposes China dependency

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Ant International partners with Visa, Mastercard on developing AI payments

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Democratic Sen. John Fetterman makes surprise video appearance at GOP convention

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