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Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 15, 2023.  Brendan McDermid
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 15, 2023. Brendan McDermid
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SNAPSHOT Wall St opens lower as hawkish Fed lifts yields, growth stocks fall

September 21st, 2023 | 10:29 AM MARKETS U.S. Markets 1

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Mapping the Market: A breather, then more gains for US tech shares
China's central bank pledges timely new policy rollout
Inflation is the biggest problem, Fed's Goolsbee says
Atlanta Fed's Venable: Inflation too high, with prospect of easing dependent on events in Middle East
By Reuters

Wall Street's main indexes opened lower on Thursday as a jump in Treasury yields knocked down growth stocks after the Federal Reserve signaled that another rate hike was in the offing this year.

The Dow Jones Industrial Average (.DJI) fell 108.65 points, or 0.32%, at the open to 34,332.23. The S&P 500 (.SPX) opened lower by 27.84 points, or 0.63%, at 4,374.36, while the Nasdaq Composite (.IXIC) dropped 141.07 points, or 1.05%, to 13,328.06 at the opening bell.

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  • STOCKS/ (URGENT)
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