(Reuters) - NEW YORK, June 6 - U.S. stocks fell sharply on
Wednesday after data showing higher-than-expected labor costs
fueled concern that inflation and rising interest rates will
harm corporate earnings.
Energy stocks were the heaviest drag on the S&P 500 after
government data showed gasoline stockpiles rose by more than
analysts had forecast.
Read more at Reuters.com Bonds News
Wednesday after data showing higher-than-expected labor costs
fueled concern that inflation and rising interest rates will
harm corporate earnings.
Energy stocks were the heaviest drag on the S&P 500 after
government data showed gasoline stockpiles rose by more than
analysts had forecast.
Read more at Reuters.com Bonds News
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