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Published 10 days ago

Stock market today: Global benchmarks are trading mixed as investors focus on earnings

Summary by Washington Top News
NEW YORK (AP) — Stocks are tumbling after a report suggesting flagging economic growth and still-high inflation hurt hopes that have kept Wall Street high recently. A sharp drop for Facebook parent Meta Platforms also dragged the market lower. The S&P 500 fell 1.3% early Thursday. The Dow Jones Industrial Average lost 503 points, and the Nasdaq composite fell 2.1%. Treasury yields jumped in the bond market after the government reported that infl…

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