Sellers were relentless in sending major indexes lower throughout Wednesday’s trade after the Federal Reserve’s Beige Book showed inflation running hot amid escalating U.S.-Iran tensions. Rising treasury yields and oil prices also stoked investors’ fears. Meanwhile, Broadcom (AVGO) hit a high with earnings due. The Dow Jones Industrial Average dropped 1.2%, or 620 points. The S&P 500 gave up 0.7%,…
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