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[Markets] US STOCKS-Wall Street falls as focus turns on Fed Wall Street's main indexes fell on Tuesday as investors positioned themselves for new economic projections and another large interest rate hike by the U.S. Federal Reserve this week to quell decades-high inflation. The benchmark S&P 500 index has lost 19% so far this year as investors fear aggressive policy tightening measures by the Fed could tip the U.S. economy into a recession, with recent dire outlooks from delivery firm FedEx Corp and automaker Ford Motor Co adding to woes. Shares of Ford dropped 10.5% after it flagged a bigger-than-expected $1 billion hit from inflation and pushed delivery of some vehicles to the fourth quarter due to parts shortages. Published:9/20/2022 12:18:16 PM
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