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Yahoo Finance big Julie Hyman is tracking immoderate of the biggest banal stories successful this Market Minute, including Red Sea tensions pressuring lipid prices (CL=F, BZ=F), the motorboat of Robinhood Markets' (HOOD) prediction markets hub, and Incyte's (INCY) Phase 3 proceedings information connected a tegument information treatment.
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It's clip for Yahoo! Finance's Market Minute. US looking for gains successful today's trading session, adjacent amid worries astir the system up of the Fed's argumentation gathering this week. Oil traders are watching the escalation of Red Sea tensions. The United States vowing to support attacking Yemen's Houthis until the radical ends its attacks against Red Sea shipping. That turmoil raising the hazard of disruptions to lipid flow. Robinhood is launching a prediction markets hub for US retail traders. The hub volition let customers to commercialized contracts tied to information and events, similar the people fed funds complaint and the upcoming assemblage hoops tournaments. Lastly, Incyte releasing its signifier 3 proceedings information for a tegument information treatment. The experimental cause was little effectual for patients than successful an earlier study, and the shares are down. And that's your Yahoo! Finance Market Minute. For much and what's trending connected Yahoo! Finance, scan the QR codification beneath to way the champion and worst performing stocks of this session.