Stocks Drop as Treasury Yields Hit New Highs: Stock Market Today
Oil prices extended their run higher Thursday, lifting Treasury yields ahead of Friday's critical inflation update and next week's Fed meeting. Stocks struggled Thursday as the latest inflation update and surging oil prices sent Treasury yields soaring ahead of next week's Federal Reserve meeting, where the central bank is expected to raise interest rates. However, those expectations could change with tomorrow morning's release of the August Cons…
