U.S. stocks sink as Fed signals it will remain aggressive

📆 16.12.2022 1:27:00
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Stocks fell broadly on Wall Street following the latest signal from the Federal Reserve that interest rates will need to go higher than previously expected in order to tame inflation

Financial Markets Wall Street

Technology and communication services stocks led the market’s sell-off. Microsoft fell 3.5% and Google parent Alphabet was down 5.1%.

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