Wall Street Ends Lower as Global Central Banks Raise Rates

Wall Street Ends Lower as Global Central Banks Raise Rates
Traders work on the floor of the New York Stock Exchange in New York on Sept. 21, 2022. Michael M. Santiago/Getty Images
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Stocks fell again Thursday, deepening Wall Street’s losses for the week, as central banks around the world hiked interest rates to fight inflation.

The S&P 500 fell 0.8 percent, its third straight drop. The benchmark index is down about 3 percent so far this week.