Stocks fall on dashed inflation hopes; The S&P 500 loses 3%

Stocks fall on dashed inflation hopes; The S&P 500 loses 3%

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NEW YORK — Stocks tumble and disappointment hits markets around the world on Tuesday, following the sudden realization on Wall Street that inflation is not slowing as much as hoped. Them&P 500 was down 3% in afternoon trading, threatening to snap a four-day winning streak. Bond prices also fell sharply, pushing up their yields, after …

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