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US stocks dragged down by interest rates hike fear, tech woes – Aljazeera.com

Investors are increasingly concerned that the US central bank will raise interest rates sooner than they see coming.

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U.S. equities fell on Friday after the chairman of the Federal Reserve signaled some concern about inflation.
The S&P 500 slid 0.1% and the Nasdaq 100 retreated 0.8% as Jerome Powell said the central bank was monitoring price pressures carefully and would…

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