Wall Street closed lower as Middle East tensions and rising oil prices triggered inflation concerns and profit booking. Financials and tech stocks led declines, though chipmakers stayed resilient on AI optimism. Strong services data and steady labor conditions contrasted with geopolitical risks, while expectations for a potential Fed rate hike continued to climb.
from Markets-Economic Times https://ift.tt/LR1ScyC
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from Markets-Economic Times https://ift.tt/LR1ScyC
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