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International Business Times
International Business Times
Business

Bond Yields Kept Climbing And Fed Minutes Showed Another Rate Hike This Year. Stocks Dropped.

Stocks dropped on Wednesday, pulling back from record highs as bond yields continued to climb. (Credit: Getty Images)

Stocks dropped on Wednesday, pulling back from record highs as bond yields continued to climb.

The S&P 500 and the tech-heavy Nasdaq Composite fell 0.22% each, while the Dow Jones Industrial Average underperformed, decreasing by 0.66%.

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