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US stocks today: US stocks end lower as Warsh keeps inflation fight front and centre

Economic Times Markets
US stocks today: US stocks end lower as Warsh keeps inflation fight front and centre
Economic Times Markets

US stocks ended lower as Fed Chair Kevin Warsh reaffirmed the central bank’s focus on bringing inflation to 2%, raising expectations for a possible September rate hike. The Dow, S&P 500 and Nasdaq fell, while Nvidia and other tech stocks weakened. Investors also assessed mixed corporate earnings and economic data.

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