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International Business Times
International Business Times
Business

A Fed Voting Member Said Interest Rates Should Be Higher. Stocks Fell

Interest Rates Inflation John Williams Lorie Logan US Federal Reserve
Stocks fell on Thursday as chipmakers dropped despite solid earning reports. (Credit: AFP)

Stocks fell on Thursday as chipmakers dropped despite solid earning reports. Comments from a Federal Reserve voting member also weighed on indexes.

The S&P 500 fell 0.51%, while the tech-heavy Nasdaq Composite underperformed, dropping 1.47%. The Dow Jones Industrial Average fell 0.20%.

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