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Stocks sink on fears the war with Iran will keep interest rates high

NEW YORK (AP) — Stocks are sinking Friday as hopes wither on Wall Street for a possible cut to interest rates by the Federal Reserve this year because of the war with Iran. The S&P 500 fell 0. 8% and was on track for a fourth straight losing week, its longest such streak in a year. The Dow Jones Industrial Average was down 228 points, or 0. 5%, as of noon Eastern time, and the Nasdaq composite was 1. 1% lower. Stocks sank under the weight of leaping yields in the bond market. Higher yields U...

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