Stock market news live updates: Stocks finish mixed as investors weigh rate hikes, recession fears

Financial

U.S. stocks extended losses Thursday as investors digested earnings and recession talk from Wall Street’s big banks while reeling from shock inflation data that raised the possibility of a 100 basis point rate hike later this month. The S&P 500 and Dow Jones Industrial Average clawed back from session lows of nearly 2% but each…

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