Trading Day: US stocks end lower, dollar jumps as Federal Reserve kicks off Warsh era
Wall Street stocks turned sharply lower on Thursday, the dollar extended its gains and Treasury yields crept higher after the U.S. Federal Reserve left its key interest rate unchanged and signaled, amid elevated inflation and solid economic data, that a rate hike could be in the cards before the end of the year.
Wall Street stocks turned sharply lower on Thursday, the dollar extended its gains and Treasury yields crept higher after the U.S. Federal Reserve left its key interest rate unchanged and signaled, amid elevated inflation and solid economic data, that a rate hike could be in the cards before the end of the year.
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