Stocks End Lower Amid Rate Hike Worries

Published by
The Street

By Rob Lenihan Stocks end lower amid expectations the Federal Reserve will pull back on economic stimulus sooner than expected to tamp down inflation. Stocks finished lower on Thursday amid expectations that the Federal Reserve would pull back on economic stimulus sooner than expected to tamp down inflation. The Dow Jones Industrial Average finished down 170 points, or 0.47%, to 36,236, while the S&P 500 slipped 0.10% and the tech-heavy Nasdaq fell 0.13%. The 10-year Treasury yield rose 1.73%. “The big question for many traders is how high yields will go up and at one point will it become a pr…

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