Wall Street Ends in Decline, Pressured by Interest Rates

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The Dow Jones lost 0.22%, the Nasdaq index dropped 1.33% and the expanded S&P 500 index dropped 0.69%. In the United States, 30-year-old borrowing rates rose to 5.34%, a record since 2007, before falling back to around 5.29% around 20:25 GMT. Jose Torres, from the Interactive Brokers platform, explained this by "a long list of unfavourable factors" among which the high energy prices, the large US state deficit and "important financing needs rela…