Stocks Sink, 10-Year Yield Reclaims 5% as Warsh Delivers His Hawkish Show
The Dow fell more than 1% and gold swung nearly three points as the new Fed chair reiterated fight against inflation.
Stocks · News reference
GLD led ETF inflows with $1.19 billion, while QQQ, IVV and SPY shed a combined $4.35 billion as investors rotated across gold, value and defensive ETFs.
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