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US stocks end lower on worries over inflation, Fed policy

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Wall Street stocks finished sharply lower Thursday as markets bet that the latest inflation report would compel the Federal Reserve to accelerate efforts to tighten monetary policy.

Snapping a two-day winning streak, all three major indices finished solidly lower, with the Dow Jones Industrial Average down 1.5 percent at 35,241.59.

The broad-based S&P 500 fell 1.8 percent at 4,504.09, while the tech-rich Nasdaq Composite Index dropped 2.1 percent to 14,185.64.

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AFP

Agence France-Presse (AFP) is a French state-owned international news agency based in Paris. It is the world's oldest news agency, having been founded in 1835 as Havas.




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