U.S. stocks slide at open as bond yields climb and oil hovers near $121 a barrel

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Stocks opened to the downside Wednesday after back-to-back gains, as investors assessed the outlook for inflation and economic growth with the Federal Reserve set to continue aggressively tightening monetary policy. The Dow Jones Industrial Average DJIA, -0.81% fell 220 points, or 0.7%, while the S&P 500 SPX, -1.08% fell 0.5% and the Nasdaq Composite COMP, -0.73% edged down 0.2%.

This article was originally published by Marketwatch.com. Read the original article here.

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