[MARKET UPDATE] Stocks pull back after the US cash open as energy ticks higher, with yields rising in tandem; major news flow light

Context

Stocks are pulling back following the US cash open, which suggests that traders may be reacting to the recent rise in energy prices and yields. Given that major news flow is light, this move might reflect a consolidation phase or profit-taking after recent gains, particularly in the context of rising input costs from energy.

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