Deepening Energy Crisis Sends Stocks to Fourth Straight Weekly Loss

U.S. stocks and bonds slid on Friday after the Pentagon sent three more warships and a new deployment of marines to the region, increasing fears of a prolonged conflict that extends the largest disruption to oil supplies in history. The prospect of war-fueled inflation drove investors to tear up expectations for interest-rate cuts later this year, with futures markets showing some even betting that rates could rise as the Federal Reserve fights price pressures from surging energy costs.