Stock market news lives updates: Stocks slide as inflation, rate hike jitters mount

Financial

U.S. stocks traded sharply lower Monday, with traders betting a fresh decades-high print on inflation will force the Federal Reserve to get even more aggressive than previously anticipated to help ease rising prices. The Nasdaq fell as much as 4% in morning trade, while the S&P 500 dropped over 3.3% and the Dow fell by…

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