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TAGGED : inflation

Wall Street’s rally runs out of gas as bond yields jump

NEW YORK (AP) – Stocks fell Thursday, taking some air out of Wall Street’s big recent rally, despite fatter-than-expected profit reports from big companies and the latest signals of a resilient economy.The S&P 500 sank 29.34, or 0.6%, to 4,537.41 after touching its highest level ...

Wall Street ends mixed after Fed raises interest rates

NEW YORK (AP) – Wall Street held steady after the Federal Reserve followed through on expectations and raised its benchmark interest rate to its highest level in more than two decades. Treasury yields fell following Wednesday’s announcement, which traders hope will mark the final increase ...