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The Economic Times
The Economic Times
Business

US Stocks: US markets dips as tech declines, Middle East tensions mount

Wall Street's major indexes edged lower on Wednesday, as technology stocks extended losses and renewed tensions between the United States and Iran overshadowed a tame inflation reading.

Volatility has picked up across stock markets in recent days, as investors contend with a widening array of risks, including high valuations in the tech sector, escalating Middle East tensions ‌and expectations that ⁠the Federal ⁠Reserve may need to hike interest rates to curb inflation.

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