Wal-Mart Drags U.S. Stocks Lower While Dollar Falls on Fed Bets

Updated on
  • Gold and bonds gain as China, U.S. data spur growth concerns
  • Wal-Mart plunges most in 27 years on earnings outlook

Central Banks and the Global Threat of Deflation

U.S. stocks were dragged lower as a bleaker outlook from Wal-Mart Stores Inc. added to global growth concerns. The dollar fell to the lowest in three months and bonds rose as investors became more certain the Federal Reserve will hold off on raising interest rates.

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