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Wall Street ends down as US retail sales data crimps rate cut bets

By Inquirer - 10 months ago
Wall Street stocks finished lower on Wednesday after upbeat December U.S. retail sales data eroded expectations the Federal Reserve will kick off its rate-cut campaign as early as March. The benchmark S&P 500 fell to its lowest in over a week. Amazon, Nvidia and Alphabet dipped between 0.5 percent and 1 percent and weighed on

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