Stocks Poised For Losing February As Bank Of America Warns Fed Could Raise Rates To Nearly 6%

Stocks Poised For Losing February As Bank Of America Warns Fed Could Raise Rates To Nearly 6%

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Major stock indexes fell in February as Wall Street digested the latest round of corporate earnings and reacted to growing expectations the Federal Reserve may hike interest rates higher than anticipated, a potential nightmare for stock prices as borrowing costs slash into profits. The Dow Jones…

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