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The Closing Bell: U.S. Stocks Are Mixed In Wobbly Trading As Costs, Rates Rise
FYI: U.S. stocks wobbled Wednesday as investors continued to worry that growing costs for critical materials along with rising interest rates will affect profit growth for companies. U.S. bond yields are rising again and setting four-year highs while oil prices are at three-year highs. Stock indexes in Europe and Asia are also falling after U.S. indexes took a steep drop the day before. Regards, Ted
