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News Wire / economy

Dow Tumbles Amid Inflation Fears

WWJ Detroit New York 1h1m Impact 7
Major US stock indices experienced a decline of over 1% following a surge in US Treasury yields, driven by renewed inflation concerns. US stocks fell more than 1% on Saturday due to inflation concerns. This market movement was trending on CLS Finance.

Topics

stock market inflation interest rates

Developing

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Sources · 7 independent

1010 WINS NYC

“higher and that's it stock sharply lower today all the major averages down between 1 and 1.5% the Dowtumbling 537 points the Nasdaq down 410 the S&P lower by.”

WWJ Detroit

“closing above 105 bucks a barrel. That fueled worries about overall inflation.”

KYW Newsradio 1060

“It was a rough one on Wall Street despite stocks closing higher for the week. But rising”

KYW Newsradio 1060

“prices, flaming worries about rising overall inflation, which could prompt the Federal Reserve to keep interest rates higher for longer. And with that, the Dow”

Bloomberg Radio

“worries about overall inflation going higher, too, and the Fed having to keep interest rates”

NBC News Radio

“on our handle, China and the US could wind up in a conflict. President Trump says he has invited President Xi to the White House this fall. The training we've gone Wall Street has closed with stocks taking a bit of a hit.”

NBC News Radio

“Wall Street has closed with stocks taking a bit of a hit.”

Bloomberg Radio

“That fueled worries about overall inflation going higher, too, and the Fed having to”

Bloomberg Radio

“worries about overall inflation going higher, too, and the Fed having to keep interest rates higher for longer to keep a lid on”

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