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Oil falls and stocks hit another record high after the Trump administration suspends "Project Freedom," citing progress in Iran negotiations. AMD surges 16% and Samsung jumps more than 10% on roaring chip demand tied to the AI build-out. And long-dated government bond yields climb to multi-decade highs in the U.S. and UK.
Today’s recommended read: https://www.reuters.com/markets/us/us...
Sam Stovall, Chief Investment Strategist at CFRA explains why selling in May could cost you the 16% rebound that follows - and how to stay positioned for it.
#yahoofinance#stockmarket#investing#stocks#Fed#inflation
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