NEW YORK, Dec 16 — Wall Street stocks fell early today, extending a rough period as markets fixate on recession risks given central bank interest rate increases.
That posture has exacerbated global growth worries, especially after the European Central Bank and other central banks yesterday followed the Fed with their own rate hikes.
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US stocks tumble after lacklustre retail salesNEW YORK, Dec 15 — Wall Street stocks tumbled early today on disappointing US retail sales as the ECB and other central banks followed the Federal Reserve in hiking interest...
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