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Nasdaq ends sharply lower as hot inflation data stirs rate-hike worries
Source: Livemint — Markets · 3 hr ago
Summary
The Nasdaq closed significantly down after recent inflation figures came in hotter than expected, raising concerns that the Federal Reserve may need to raise interest rates. Investors reacted to the data by selling shares, pulling the index sharply lower.
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USA-STOCKS/ (UPDATE 6, GRAPHIC):US STOCKS-Nasdaq ends sharply lower as hot inflation data stirs rate-hike worries
Excerpt from Livemint — Markets.
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