Stocks fall sharply as higher rates keep tightening squeeze

Stocks fall sharply as higher rates keep tightening squeeze

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Wall Street is tumbling Tuesday amid worries about the tightening squeeze of higher interest rates and about upcoming profits for companies. The S&P 500 was 1.5% lower in midday trading and flirting with its worst drop in two months. The Dow Jones Industrial Average was down 533 points, or 1.6%,…

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