Wall Street sells off, led by Apple shares amid inflation, rate concerns

MacDailyNews
May 9, 2022, 4:22 pm354 pts
U.S. stocks ended sharply lower on Monday, led by declines in Apple and other mega-cap growth shares as the benchmark 10-year yield hit fresh 3-1/2 year highs and investors grew more concerned about rampant inflation and rising interest rates. Caroline Valetkevitch for Reuters: The S&P 500 fell below 4,000,…

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