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Markets Swing Wildly in Turnaround After a High Inflation Reading

Por: The New York Times Business October 14, 2022

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Markets swung wildly on Thursday after another hotter-than-expected inflation report cemented expectations for more bumper interest rate increases from the Federal Reserve that some investors worry could destabilize the financial system.The S&P 500 initially dropped by more than 2 percent, setting a new low for the year, before rallying back to end the day 2.6 percent higher, an unusually big turn within a single day.U.S. government bond yields... + full article



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