Stocks fall as PPI surprise boosts Treasury yields: Markets close
(Bloomberg) – Stocks tumbled as data showing persistently high inflation bolstered speculation that the Federal Reserve will maintain tighter monetary policy for longer – even if authorities decide to slow the pace of increases next week, as recently reported. Bloomberg’s Most Read The S&P 500 pushed toward a weekly slide after a warmer-than-expected producer price …
Stocks fall as PPI surprise boosts Treasury yields: Markets close Read More »