US STOCKS-Wall St slides as economic data stokes inflation worries

Apple drives down US STOCKS-Wall St as economic data fuels inflation concerns.

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Wall Street stocks declined on Wednesday as weakness in Apple Inc. shares added to fears about sticky inflation and interest rates remaining higher for longer, which were fanned by stronger-than-expected services sector data. The Institute for Supply Management (ISM) said on Wednesday that its non-manufacturing Purchasing Managers’ Index improved last month to 54.5 from 52.5 … Read more

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