US stocks fall in a dramatic reversal after Fed chief comments - Sydney Morning Herald

US stocks tumbled and bond yields climbed as traders braced for the possibility that the Federal Reserve will raise interest rates by half a percentage point at each of its next three meetings.

While inflation and central-bank reactions to the spike in rising prices are big drivers of markets right now, earnings have been important this week too, especially after Netflixs selloff, Chris Gaf… [+996 chars]

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