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Dow Jones Dips, Nasdaq Dives; Fed Official Makes Inflation Pledge; Bears Maul Tech Stocks

·4 min read
Dow Jones Dips, Nasdaq Dives; Fed Official Makes Inflation Pledge; Bears Maul Tech Stocks
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The Dow Jones sold off as inflation worries intensify. The bears mauled tech stocks such as Microsoft and Apple. A senior Fed official spoke on inflation.