Stock market: Wall Street falls as the bond market cranks up the pressure
NEW YORK -- Wall Street weakened Wednesday to worsen what's already been a messy August.
Source: texarkanagazette.com
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NEW YORK -- Wall Street weakened Wednesday to worsen what's already been a messy August.
Officials want more data to be confident that inflation is abating, according to the minutes of their July 25-26 meeting.
Wall Street’s weak August worsened, and the S&P 500 closed 0.8% lower. The Dow dropped roughly 180 points Wednesday, and the Nasdaq fell 1.1%. Increased pressure came from the bond
The U.S. Department of Labor said inflation increased in July for the first time in more than a year as the price of food, gasoline and shelter marched higher.