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Wall Street Slump Amid Inflation Fears | Monroe Louisiana News
Wall Street took a hit as the S&P 500, Dow Jones, and Nasdaq all slid, fueled by rising inflation fears, ballooning U.S. debt over $40 trillion, and global conflicts jacking up oil prices. Tech giants like Microsoft and AMD are under pressure as borrowing costs soar with higher Treasury yields, making loans and mortgages more expensive. With inflation stubbornly above 3% and the Fed eyeing another rate hike, investors brace for tighter credit and slower growth — all while watching job data for signs of economic slowdown. Listen in comfort:Get a discount on a Soli Pillow…
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