Published 1 year ago

Stocks fall as Fed signals rates need to go still higher

Summary by Ground News

The S&P 500 fell 0.3%, with retailers and banks among the biggest weights on the benchmark index. Bond yields rose and hovered around multidecade highs. The yield on the 10-year Treasury, which influences rates on mortgages and other consumer loans, rose to 3.77% from 3.69% late Wednesday.

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Los Angeles Times

Stocks fall as Fed signals interest rates need to go still higher

Stocks fell on Wall Street and Treasury yields rose after more indications from the Federal Reserve that it may need to raise interest rates much higher than many people expect to get inflation under control

1 year ago·Los Angeles, United States

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The Epoch Times

Stocks Fall as Fed Signals Rates Need to Go Still Higher

Stocks closed lower on Wall Street and Treasury yields rose Thursday afternoon after more indications from the Federal Reserve that it may need to raise interest rates much higher than many people expect to get inflation under control. The S&P 500 fell 0.3 percent, with retailers and banks among the biggest weights on the benchmark index. The Dow Jones Industrial Average slipped less than 0.1 percent, while the Nasdaq composite closed 0.3 percen…

1 year ago·New York, United States

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Star Advertiser

Stocks fall as Fed signals rates need to go still higher

Stocks closed lower on Wall Street and Treasury yields rose today after more indications from the Federal Reserve that it may need to raise interest rates much higher than many people expect to get inflation under control.

1 year ago·Honolulu, United States

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Sask Today

Stocks fall as Fed signals rates need to go still higher

NEW YORK (AP) — Stocks are opening lower on Wall Street and Treasury yields are rising after more indications from the Federal Reserve that the central bank may need to raise interest rates much higher than many people expect to get inflation under c

1 year ago

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Boston Herald

Stocks fall as Fed signals rates need to go still higher

By DAMIAN J. TROISENEW YORK (AP) — Stocks fell broadly on Wall Street Thursday and Treasury yields rose after more indications from the Federal Reserve that it may need to raise interest rates much higher than many people expect to get inflation under control.The S&P 500 fell 0.5% as of 12:03 p.m. Eastern. The Dow Jones Industrial Average fell 3 points, or less than 0.1%, to 33,545 and the Nasdaq fell 0.4%.Smaller company stocks fell harder than…

1 year ago·Boston, United States

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WKMG

Stocks fall as Fed signals rates need to go still higher

Stocks are opening lower on Wall Street and Treasury yields are rising after more indications from the Federal Reserve that the central bank may need to raise interest rates much higher than many people expect to get inflation under control. The Fed has been raising rates aggressively in order to tame inflation by applying the brakes to the economy. The S&P; 500 fell 1.1% in the early going Thursday and the tech-heavy Nasdaq fell a bit more, 1.2…

1 year ago·Orlando, United States

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