US stocks finish lower as Fed official’s dour inflation outlook pushes key bond yields to fresh 14-year highs

Financial

US stocks fell Thursday, stretching their losses into a second consecutive session. A “disappointing lack of progress on curtailing inflation” will keep the Fed raising interest rates, said Philadelphia Fed President Patrick Harker. IBM and AT&T rose after their earnings reports while Tesla shares dropped. Something is loading. Thanks for signing up! Access your favorite…

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