US Retail Gasoline Hits Four-Year High; Yen Gains

US retail gasoline prices have reached four-year highs amid broader market volatility, including a global bond sell-off that is beginning to stabilize as higher yields attract investors. The yen strengthened as the Bank of Japan signals a potential quarter-point rate increase this month, while equity futures remain uncertain. Energy costs are climbing with diesel hitting four-year highs, and tech stocks like Broadcom are facing pressure despite positive long-term AI chip forecasts.