Global Economy

Wall Street slumps as investors absorb hawkish Fed rate message



Wall Street slumps as investors absorb hawkish Fed rate message All three benchmarks finished more than 1.7% down, with the Dow (.DJI) posting its lowest close since June 17, with the Nasdaq (.IXIC) and SP 500 (.SPX), respectively, at their lowest point since July 1, and June 30.



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