US stocks plunge on rate fears

Wall Street extended its month-long retreat today as inflation fears kept investors on edge following hefty losses last week – the worst so far this year.

US stocks plunge on rate fears

Wall Street extended its month-long retreat today as inflation fears kept investors on edge following hefty losses last week – the worst so far this year.

A late sell-off dragged the Dow Jones industrials down almost 100 points and put the Nasdaq composite index at a seven-month low.

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