Wall Street dives on interest rate fears - New Zealand Herald
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5/5/2022 12:00:00 AM2 years 11 months ago
Nasdaq down 5pc, S&P 500 4pc in late trading. Twitter bucks trend on Musk's Saudi deal.
Stocks are slumping on Wall Street, erasing a rally from a day earlier, as markets assess the looming fallout from the Federal Reserve's stepped-up fight against inflation. In late trading, the Nasd… [+5340 chars]
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