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Wall St slumps to worst day since April on worries about interest rates

By Inquirer - 6 months ago
NEW YORK  — In the latest example of how good news for the economy can be bad for Wall Street, most U.S. stocks slumped Thursday after strong economic reports raised the possibility of interest rates staying painfully high. The weakness was widespread and overshadowed another blowout profit report from market-heavyweight Nvidia. The S&P 500 fell

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