Economy
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EconomyRBC’s Lori Calvasina Sees S&P 500 Upside Despite Fed Risk
Fresh violence in the Middle East unsettled stocks and bonds on Monday, raising fears that the war could escalate. The S&P 500 fluctuated after its longest weekly winning streak since May. Anthropic’s revenue surge lifted chipmakers and AI-trade bets, while Brent crude near $89 heightened concern that inflation could prompt the Federal Reserve to raise rates.
