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US Stocks Fall Broadly Tuesday         01/25 09:30

   Stocks fell sharply on Wall Street Tuesday, continuing a volatile bout of 
trading that has sent markets swinging between sharp losses and gains as 
investors gauge several threats.

   (AP) -- Stocks fell sharply on Wall Street Tuesday, continuing a volatile 
bout of trading that has sent markets swinging between sharp losses and gains 
as investors gauge several threats.

   Persistently rising inflation has been hammering businesses and consumers 
with higher costs, and prices and investors are nervous about the Federal 
Reserve's plan to raise interest rates as a countermeasure. The virus pandemic 
still hovers over the economy and threatens to crimp progress with every new 
wave.

   Most recently, a potential conflict between Russia and Ukraine threatens to 
push energy prices even higher while forcing more countries to focus on 
fighting a war instead of inflation and COVID-19.

   The S&P 500 fell 2.5% as of 10:02 a.m. Eastern. The Dow Jones Industrial 
Average fell 712 points, or 2.1%, to 33,656 and the Nasdaq fell 2.8%.

   Major indexes had a similar start to trading on Monday and were down most of 
the day, but a late buying spree pushed them to a higher close.

   Technology stocks again led the losses as investors worry about rising 
interest rates. Higher interest rates tend to make shares in high-flying tech 
companies and other expensive growth stocks less attractive.

   Retailers, banks and communications companies also fell. Utilities and other 
sectors that are considered less risky help up better than the rest of the 
market.

   Bond yields were steady. The yield on the 10-year Treasury fell to 1.73% 
from 1.74% late Monday.

 
 
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