Stocks fluctuated after hawkish remarks from Federal Reserve officials and mounting concern that another wave of the pandemic in Europe could spur more lockdowns.
Economically sensitive companies like energy, financial and industrial shares retreated, while the technology-heavy Nasdaq 100 outperformed major benchmarks. The Treasury curve flattened after two members of the central bank’s board said the Fed may need to consider speeding up the reduction of its bond-buying program amid strong economic growth and rising inflation.
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November 19, 2021 at 05:40AM
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Stock Market Today: Dow, S&P Live Updates for Nov. 19, 2021 - Bloomberg
"stock" - Google News
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