While you were sleeping: Wall St slides

Mon, 06 Mar 2017

By Margreet Dietz March 7 (BusinessDesk) - Equities on both sides of the Atlantic moved lower as investors reassessed valuations amid the prospect that the US Federal Reserve will increase interest rates at next week’s meeting. Fed Chair Janet Yellen last Friday also signalled a potentially steeper pace of further rate hikes this year. A Commerce Department report showed US factory goods orders rose 1.2 percent in January, beating economists' expectations. US Treasuries fell, pushing yields on the 10-year note three basis points...

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