US equities slide, oil hits 5-month high as risk-off grips markets
Published 9 h ago9 sourcesEvidence: Reported
European markets closed broadly lower, with Germany's DAX down 1.02% to 25,112.78, while Wall Street opened mixed amid rising oil prices. The oil increase is likely fueling inflation concerns and weighing on risk sentiment, though the impact on US equities is uneven. The development signals a potential risk-off tilt in global markets, but the magnitude and persistence of the oil-driven pressure remain uncertain.
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