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Dow skids almost 1,200 points, books worst day since June 2020 on stagflation fears, higher costs eroding profits

·5 min read
Dow skids almost 1,200 points, books worst day since June 2020 on stagflation fears, higher costs eroding profits

Investors hit the sell button after Target earnings disappoint, Yellen warns of slower growth and Goldman outlines recession risks.