Sector Review
Sector movers: Autos, Big Oil drop as Brent futures and US Treasury yields slide
By Alexander Bueso
Date: Wednesday 11 Sep 2024
(Sharecast News) - Stocks on the FTSE 350 slumped on Tuesday led by declines in cyclical areas of the market such as Autos and Banks.
Yet perhaps most conspicuous was the renewed decline in crude oil futures, even as US 2 and 10-year Treasury bond yields hit fresh 52-week lows.
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