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US stocks turn lower as inflation remains in focus, Fed quantitative tightening kick off

Posted on June 1, 2022 By admin No Comments on US stocks turn lower as inflation remains in focus, Fed quantitative tightening kick off
US stocks turn lower as inflation remains in focus, Fed quantitative tightening kick off

US stock indexes lost early gains on Wednesday, at the start of a new month of trading, after data on the manufacturing sector showed rising costs were still a problem, as the Federal Reserve begins reducing its nearly $ 9 trillion balance sheet. How are stock indexs trading? The Dow Jones Industrial Average DJIA lost…

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