Wall Street in the red amid rampant inflation, persistent rate hike concerns

MacDailyNews
Sep 6, 2022, 2:02 pm340 pts
Wall Street’s main indexes slipped on Tuesday as a stronger-than-expected reading on the U.S. services sector fueled expectations that the Federal Reserve will keep raising interest rates in an effort to reign in rampant inflation running at 40-year highs. Reuters: Rate-sensitive shares of Apple , Amazon.com…

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