Wall Street Falls to Worst Day in Weeks on Rate Concerns as Jobs Report Looms

Wall Street Falls to Worst Day in Weeks on Rate Concerns as Jobs Report Looms

NEW YORK (AP) — U.S. stocks tumbled Thursday after a Federal Reserve official raised the possibility of delivering none of the cuts to interest rates this year that Wall Street has been banking on, if inflation worsens. The S&P 500 dropped 1.2% for its worst day in seven weeks. Earlier in the day, a gain … Read more