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It’s time for Yahoo! Finance’s Market Minute. US looking for gains in today’s trading session, even amid worries about the economy ahead of the Fed’s policy meeting this week. Oil traders are watching the escalation of Red Sea tensions. The United States vowing to keep attacking Yemen’s Houthis until the group ends its attacks against Red Sea shipping. That turmoil raising the risk of disruptions to oil flow. Robinhood is launching a prediction markets hub for US retail traders. The hub will allow customers to trade contracts tied to data and events, like the target fed funds rate and the upcoming college basketball tournaments. Lastly, Incyte releasing its phase three trial data for a skin condition treatment. The experimental drug was less effective for patients than in an earlier study, and the shares are down. And that’s your Yahoo! Finance Market Minute. For more and what’s trending on Yahoo! Finance, scan the QR code below to track the best and worst performing stocks of this session.
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