^DJI Today, March 11: Oil Spike Tests Fed Cut Hopes Before CPI
The Dow Jones index slid over 1% as an oil price surge toward $120 reignited inflation worries and pushed Fed rate cuts toward September or October. Traders now see fewer cuts in 2025 if energy stays high. With US CPI due later today, swings may stay large. For Singapore investors, a stronger USD and pricier energy can shift sector winners and losers. We review the setup for the ^DJI, the data to watch, and practical tactics.
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