Wall Street weakens as higher rates keep tightening squeeze

Asian shares decline following Wall Street tumble

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares declined Wednesday after stocks tumbled on Wall Street as worries persist about higher interest rates and their tightening squeeze on the global economy. Tokyo’s benchmark Nikkei 225 dipped 1.4% in afternoon trading to 27,102.21. Australia’s S&P/ASX 200 slipped 0.3% to 7,314.50. South Korea’s Kospi dropped 1.6% to 2,419.15. Hong Kong’s Hang Seng slipped 0.3% to 20,461.32, while the Sh…

Stocks tumble, Dow down 670 as high rates tighten squeeze

NEW YORK (AP) — Wall Street is tumbling today, and stocks are heading for their worst day in two months amid worries about the tightening squeeze of higher interest rates and about upcoming profits for companies. The S&P 500 was 2 percent lower in afternoon trading, which would mark its sharpest drop since a sell-off for the market in December. The Dow Jones Industrial Average was down 674 points, or 2 percent, at 33,152, as of 2:30 p.m. Eastern…

Stocks fall sharply as higher rates keep tightening squeeze

NEW YORK (AP) — Wall Street is tumbling Tuesday amid worries about the tightening squeeze of higher interest rates and about upcoming profits for companies.

Stocks fall sharply as higher rates keep tightening squeeze

By STAN CHOE NEW YORK (AP) — Wall Street is tumbling Tuesday amid worries about the tightening squeeze of higher interest rates and about upcoming profits for companies. The S&P 500 was 1.5% lower in midday trading and flirting with its worst drop in two months. The Dow Jones Industrial Average was down 533 points, or 1.6%, at 33,293, as of 12:30 p.m. Eastern time, while the Nasdaq composite was 1.9% lower. Home Depot fell to one of the S&P 500’…

Wall Street Weakens as Higher Rates Keep Tightening Squeeze

Stocks are falling on Wall Street Tuesday amid worries about upcoming profits for companies and the tightening squeeze of higher interest rates.

Wall Street weakens as higher rates keep tightening squeeze

Stocks are falling on Wall Street Tuesday amid worries about upcoming profits for companies and the tightening squeeze of higher interest rates.