Wall Street opens lower as world stocks shudder, yields soar on rate hike outlook - Moneycontrol

The Dow Jones Industrial Average fell 1.03 percent in early trading, while the S&P 500 dropped 0.91 percent and the Nasdaq Composite lost 0.53 percent.

Wall Street opened sharply lower as world stocks hit five-week lows, while bond yields soared to multi-year highs on Friday as investors brace for rate hikes in the United States, Britain and the eur… [+2726 chars]

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