Wall Street roars back to rally mode on Powell remarks; oil rises again - Sydney Morning Herald

US stocks took another sharp swing overnight, this time back to rally mode, as stocks and Treasury yields rose even as oil prices continued to climb.

The price of US oil jumped another 7 per cent to $US110.60 per barrel, the highest level in just over a decade. Brent crude, the international standard, climbed 7.6 per cent to $US112.93 per barrel. … [+2573 chars]

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