Stocks Enter Correction as Rate-Hike Fears Return: Markets Wrap

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www.bloomberg.com—The dread that gripped equity markets earlier in the week re-emerged Thursday as U.S. stocks plunged into a correction on concern that rising interest rates will drag down economic growth.

Stocks Enter Correction as Rate-Hike Fears Return: Markets Wrap. The dread that gripped equity markets earlier in the week re-emerged Thursday as U.S. stocks plunged into a correction on concern that rising interest rates will drag down economic growth.