Business
Stocks Are Heading Lower Again. Inflation Doesn’t Move the Needle on Rates.
The stock market’s slide continued on Wednesday after the latest inflation report failed to rouse Wall Street.
The Dow fell 340 points, or 0.7%. The S&P 500 was down 0.6%. The Nasdaq was down 0.7%.
The yield on the 2-year Treasury note was down to 4.12%. The 10-year yield was up to 4.53%.
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