Stock Market Today – 9/1: Stocks Slip Lower As Inflation, China Tensions Weigh

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The Street

By Martin Baccardax Wall Street looks to enter September, the market’s toughest month, much as it exited August: worried about inflation and closely-tracking Fed rate bets. U.S. equity futures moved lower again Thursday, while Treasury bond yields jumped amid bets on aggressive Fed rate hikes, as investors kicked-off the market’s toughest month in a pessimistic mood. Weakening growth in Asia, where PMI data Thursday indicates slowing in the region’s three major economies, alongside Europe’s Russia-linked energy crisis and record high inflation, has investors leaking confidence heading into the…

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