U.S. equities are trading higher: the S&P 500 +0.21% at 7,429, the Nasdaq -0.22% at 24,877, the Dow +1.03% at 52,747.
Elsewhere: gold down 1.4% at $4,017/oz; WTI crude down 0.0% at $82.58/bbl; Bitcoin at $63,708 (-0.0%).
Among big names, BA leads gainers at +4.76%, while AMD lags at -8.15%. Rate moves and energy prices feed straight into the political fight over inflation — match this against the headlines above.