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Wall Street losses rip through global markets as rate fears shake investors

CNBC.com
Wall Street losses rip through global markets as rate fears shake investors

Sentiment is about to shift from macro to earnings, analyst says    3:21 AM ET Thu, 11 Oct 2018 | 04:47 In the U.S., stocks fell at the open, but the losses were mitigated after the release of weaker-than-expected inflation data. The Dow Jones Industrial Average dropped 125 points as Walgreens Boots Alliance lagged. The S&P 500 dipped 0.1 percent while the Nasdaq Composite eked out a small gain. This came after stocks sank Wednesday with the Dow plunging more than 800 points in its worst drop since February. Around the world, stocks have tumbled on the back of concerns surrounding global economic growth and rising interest rates. The International Monetary Fund warned earlier this week that simmering