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Dow set to decline as Fed-driven jitters continue

The prospect of more rate hikes in the pipeline sent bond yields rising and the US dollar higher

Dow set to decline as Fed-driven jitters continue

Dow futures lost ground Thursday, as Wall Street looked set to pick up where it left off — jittery after minutes from the Federal Reserve’s most recent meeting hinted at more interest rate rises to come, MarketWatch reports.

Investors were watching elevated US bond yields and dollar strength, and European and Asian equities also were losing ground.

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