AM 16 Sep 26: US stocks slide as oil surges, bond yields jump

Oil prices surged again overnight as fresh disruptions to Middle East supplies fuelled inflation concerns and pushed US bond yields higher, sending Wall Street lower. The ASX is poised to buck the trend with a stronger open, with energy stocks likely to benefit from higher crude prices. Plus, why a key economic indicator suggests US bond yields could have further to rise.

James Gruber, Equity Market Strategist at CommSec takes you through all the key numbers.

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CommSec Market Update

Stay across key moves in the Australian and global share markets with the CommSec Market Update. Bro…