U.S. stocks close mostly lower Wednesday to start March, after the release of weak economic data, a further rise in bond yields, and remarks by several Federal Reserve officials reiterated the need for higher interest rates to combat inflation. Read More...
U.S. stocks closed mostly lower Wednesday to start March, after the release of weak economic data, a further rise in bond yields, and remarks by several Federal Reserve officials reiterated the need for higher interest rates to combat inflation.
How stocks traded
On Tuesday, stocks closed lower, adding to the Dow’s 4.2% decline in February and modest drop for 2023.
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