Wall St ends sharply lower on sticky inflation

Wall St ends sharply lower on sticky inflation

The Star Online - Business·2024-04-13 08:01

NEW YORK: US stocks sold off on Friday after major US banks' results failed to impress, capping a week marked by market-moving inflation data, evolving expectations for US Federal Reserve policy, and looming geopolitical tensions.

All three major indices fell more than 1%, and registered losses on the week.

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