Wednesday, May 30, 2018

YouTube: Wall Street defensive as inflation fears rise, earnings boost fades

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Wall Street defensive as inflation fears rise, earnings boost fades
May 30th 2018, 12:05, by YouTube

(Reuters) – Wall Street moved to a defensive mode on Friday, shifting into safer equity sectors as economic data raised the specter of inflation and possible interest rate hikes, while technology shares pulled back after an initial surge.

 

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