Wall St ends lower as hot inflation data, Fed comments heighten rate worries
By Chuck Mikolajczak and Niket NishantUS stocks closed lower on Tuesday, as a hotter-than-expected inflation reading hardened expectations for a rate hike from the Federal Reserve next month and fueled concerns the central bank may be more aggressive in raising rates.The Labor Department said the C…
By Chuck Mikolajczak and Niket NishantUS stocks closed lower on Tuesday, as a hotter-than-expected inflation reading hardened expectations for a rate hike from the Federal Reserve next month and fueled concerns the central bank may be more aggressive in raising rates.The Labor Department said the C…