Stocks Slide amid Interest-Rate Worries

Second-quarter productivity was revised higher, but a surge in labor costs stoked inflation concerns. The Fed's Beige Book showed some regional economic slowing

Stocks finished broadly lower Wednesday as the Fed's Beige Book report showed ongoing economic expansion but noted some regional economies slowing. A pair of economic reports earlier in the session suggested inflation remains significant and the economy remains strong, says Standard & Poor's Equity Research.

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