US stocks extend sell-off, Dow -1.3pc | Malay Mail

📆 19/05/2021 02:27 p. m.
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NEW YORK, May 19 — Wall Street stocks tumbled early today, extending a weak stretch ahead of Federal Reserve meeting minutes as inflation worries buffet the market. The minutes will be scrutinized for any differences between the internal conversation and the Fed’s dovish stance on monetary...

In this file photo a person walks past the New York Stock Exchange at Wall Street on November 16, 2020 in New York. — AFP picNEW YORK, May 19 — Wall Street stocks tumbled early today, extending a weak stretch ahead of Federal Reserve meeting minutes as inflation worries buffet the market.

Recent volatility in markets suggest investors believe interest rate hikes will come more quickly than the Fed has implied.

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