NEW YORK (AP) - Volatile oil prices and a weak dollar sent stocks plunging Wednesday as the prospect of inflation and rising interest rates sank in on Wall Street.
Yields on long-dated Treasuries surged to an eight-month high and the Dow Jones industrial average skidded 107 points.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
