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Dow Jones Falls, Nasdaq Leads Downside As Janet Yellen Warns Of Rising Interest Rates – Investor’s Business Daily

The Dow Jones sold off after Treasury Secretary Janet Yellen mentioned interest rates may have to rise to ensure the economy doesn’t overheat.

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The Dow Jones Industrial Average sold off in today’s market. The major indexes traded near intraday lows after Treasury Secretary Janet Yellen mentioned interest rates may have to rise to ensure the economy doesn’t overheat. The Nasdaq led on the downside as technology stocks extended Monday’s declines.
XStock Market Today
At around 12 p.m. ET, the Nasdaq composite fell roughly 2.5%, leading on the downside. The S&P 500 traded around 1.2% lower, while the Dow Jones posted a loss of 0.5%. The small-cap…

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