Wall Street tumbles, Dow loses 697 on fears about high rates

Wall Street tumbles, Dow loses 697 on fears about high rates

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Asian shares declined Wednesday after stocks tumbled on Wall Street as worries persist about higher interest rates and their tightening squeeze on the global economy. Tokyo’s benchmark Nikkei 225 dipped 1.4% in morning trading to 27,100.51. Australia’s S&P/ASX 200 slipped 0.3% to 7,312.50. South…

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