Risk-Off Sentiment Grips Market as Crude Oil Prices Surge
The market is experiencing renewed risk-off pressure as crude oil prices and U.S. Treasury yields continue to rise.
This increase in energy costs and inflationary pressure is causing concerns among investors, particularly ahead of Friday's U.S. CPI report and next week's FOMC meeting.
The CNN Fear & Greed Index is leaning towards fear as investors await these key events.