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Stock markets tumble globally as Fed resets expectations: $400 billion wiped off SpaceX
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Stock markets tumble globally as Fed resets expectations: $400 billion wiped off SpaceX

1 min read

Everything you need to know before you reach the office this morning.

Tech stocks led the losses as investors reset their expectations around how the U.S. Federal Reserve might increase the future cost of money. Until recently, most analysts expected the Fed to hold interest rates where they are at the 3.5% level. Howe... [7094 chars]

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Source: Fortune

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