Wall Street Slips as Optimism Over Russia-Ukraine Peace Talks Ebbs

Wall Street Slips as Optimism Over Russia-Ukraine Peace Talks Ebbs
A street sign on Wall Street outside the New York Stock Exchange, on Sept. 18, 2007. Brendan McDermid/Reuters
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U.S. stocks fell on Wednesday led by megacap stocks, as optimism around the Ukraine-Russia peace talks faded and concerns grew over the prospect of rapid rise in interest rates hurting economic growth.

The Kremlin said there was no sign of a breakthrough yet even though it welcomed Kyiv’s move to set out its demands in written form.