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Dow logs worst day in a week, S&P 500 and Nasdaq tumble after new Fed chair underscores need to fight inflation - MarketWatch

As reported by MarketWatch
Stocks close sharply lower after the Federal Reserve kept rates steady, but signaled hikes might be needed if inflation isn't tamed.
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US stocks closed sharply lower with the Dow experiencing its worst day in a week, alongside declines in the S&P 500 and Nasdaq. The Federal Reserve maintained current interest rates but strongly indicated potential future hikes. This move signals an ongoing commitment to…

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