Stocks Slide as Volatility Rises, Dollar Gains: Markets Wrap
- Equity markets turn lower in afternoon trading, dollar rallies
- Traders take new Fed language on inflation as dovish for hikes
Three Charts That Indicate a Bullish Trend in Stocks
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U.S. stocks fell, with major benchmarks turning lower in afternoon trading as a bout of volatility shattered calm on equity markets that had surged to fresh highs. The dollar rebounded, while Treasuries fell.