Stocks stumble 2.8% as worries about interest rates worsen

Stocks stumble 2.8% as worries about interest rates worsen

By STAN CHOE and ALEX VEIGA
NEW YORK (AP) — Stocks tumbled on Wall Street Friday, leaving the S&P 500 with its biggest one-day loss in almost seven weeks, as worries deepen about a surge in interest rates and the U.S. central bank’s efforts to fight inflation.
Several disappointing profit reports from companies also shook what’s been the market’s main pillar of support.
The S&P 500 sank 2.8% and…

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