0858 GMT - The U.S. tech sector could benefit if oil prices stabilize and investors reduce expectations of interest-rate rises by the U.S. Federal Reserve, Tickmill Group's Patrick Munnelly says in a note. Rising oil prices have caused markets to price in a high possibility of Fed interest-rate rises in the coming months, and lowered demand for risk assets. Nonetheless, if energy prices climb further, inflation concerns could rise and reduce risk appetite, he says. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
July 15, 2026 04:58 ET (08:58 GMT)
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