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Stocks, Gold Drop on Fed Rate-Hike Bets; Oil Gains: Markets Wrap

By Dhallo News · August 31, 2026 at 3:43 AM IST

Global stocks and gold extended losses as hawkish comments from Federal Reserve Chair Kevin Warsh fueled bets on an interest-rate hike next month. Oil climbed as Middle East tensions flared.

Original reporting: Bloomberg Markets

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