Banque Suisse,
Focus Méditerranéen

A rally in oil prices left stocks wavering while bond yields climbed, with trader anxiety building just days ahead of key inflation reports. The lack of a deal to revive the Strait of Hormuz drove Brent crude above $87. Higher energy costs stoked concerns the Federal Reserve will have to raise rates this year despite a labor-market slowdown. Most shares in the S&P 500 fell. Nvidia Corp. sank on news reports that Wall Street giants are working with the chipmaker on a $500 billion AI funding package. Government bonds in Asia Pacific followed Treasuries lower as a rally in oil prices revived inflation concerns ahead of key US consumer price data later this week.