S&P 500 ends down as Treasury yields rise
U.S. stocks ended down on Thursday. Producer price data for August and surging oil prices stoked worries the Federal Reserve will hike next week, while rising Treasury yields made stocks less attractive.
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A Hidden Fed Disconnect Could Become the Market's Biggest Risk
The biggest macro disagreement on Wall Street today isn’t about inflation or economic growth. It’s about the direction of interest rates. A new survey from the Securities Industry and Financial Markets Association (SIFMA), whose Economist Council includes chief economists from Bank of America, Goldman Sachs, JPMorgan,