Wall St: Dow sheds over 500 pts, S&P 500 set for worst first-half since 1970 | Mint - Mint

Federal Reserve Chair Jerome Powell on Wednesday vowed to not let the US economy slip into a ‘higher inflation regime’, even if it means raising interest rates to levels that put growth at risk

U.S. stocks tumbled on Thursday, setting the S&P 500 for its worst first six months since 1970, on concerns that central banks determined to tame inflation will hamper global economic growth. Fea… [+2909 chars]

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