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Disappointing earnings from the megacap companies that led markets higher for years are cratering their shares and sending a disconcerting message about a U.S.
By Caroline Valetkevitch, Lewis Krauskopf and Sinad Carew NEW YORK (Reuters) - Disappointing earnings from the megacap companies that led markets high...
Technology and other growth stocks have been battered this year amid slowing economic growth and soaring interest rates.
Higher rate target a clear escalation in Fed's effort to stamp out inflation and creates high likelihood of recession, strategist says
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