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[Markets] Dow sinks 475 points as Nasdaq tumbles 7% from record high amid concerns on inflation and Washington’s debt feud U.S. stock benchmarks trade under heavy pressure midday Monday, with the path uncertain for equity markets amid tense negotiations on the debt ceiling, playing out as the U.S. economy attempts to rebound from the COVID-19 pandemic and concerns about sticker-than-expected inflation grow. Published:10/4/2021 10:56:24 AM
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