Thursday, July 6, 2023

Stocks slide, jobs data up, interest rate hike predicted

Stocks in the US slid on Thursday amid increased investor anxiety over the state of the economy and the potential for rising interest rates.


The main indices — the Dow Jones, S&P 500 and Nasdaq — all dropping around one percentage point during a trading session in which the 2-year Treasury yield reached a 16-year high.


With more, Benji Hyer reports. 


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