Markets across the globe have fallen sharply this week since minutes from the Fed’s December meeting showed officials ready to aggressively dial back policy help.
and fallen sharply since minutes from the Fed's December meeting, released earlier this week, showed officials at the central bank ready to aggressively dial back policy help.rose as high as 1.75% on Thursday, last sitting at 1.7281% — still much higher than the 1.51% level it ended 2021 at. Yields move inversely to prices.
Overnight on Wall Street, the Dow Jones Industrial Average fell 170.64 points to 36,236.47 while the S&P 500 shed about 0.1% to 4,696.05. The Nasdaq Composite slipped 0.13% to about 15,080.87.
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