Stocks ended Tuesday's session and February with losses, as investors during the month scrambled to reassess how high the Federal Reserve will take interest rates as inflationary pressures remain a problem for policymakers.
The S&P 500 was dragged lower in the daily session as seven of its 11 sectors slumped, led by utilities. More earnings reports rolled out as well, and among them was. The retailer's holiday-quarter sales came out ahead of Wall Street's expectations, but the company signaled slowing sales.
Thanks Biden!!
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