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US stocks fall after bond yields jump on higher oil prices and a strong economic report

US stocks fall after bond yields jump on higher oil prices and a strong economic report
Photo: KSAT 12 (ABC affiliate) · view original

U.S. stocks are faltering Wednesday after oil prices halted their slide, while a surprisingly strong report on U.S. business activity raised worries about inflation. The S&P 500 sank 0.6% and dropped 1.1% below its record set last month. The Dow Jones Industrial Average was down 311 points, or 0....

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