Stock Market LIVE Updates: Sensex and Nifty50 likely to open higher today

Wall Street indices retreats as rate hike concerns persist

US stocks closed lower on Monday, adding to last week’s sharp losses, on nagging concerns about the Fed’s determination to aggressively hike interest rates to fight inflation even as the economy slows.

–Dow Jones: down 0.6 percent

–S&P 500: down 0.7 percent

–Nasdaq Composite: down one percent

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