Market calm shattered, Dow down 300 points on rate fears

September 9, 2016 6:30 PM

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The market calm on Wall Street has been shattered as stocks suffer their biggest slide since Brexit on fears an interest rate hike is around the corner.

The return of volatility on Wall Street was sparked by comments from Federal Reserve Bank of Boston president Eric Rosengren that suggests a September rate hike might not be totally off the table. The so-called "hawkish" commentary follows the European Central Bank decision Wednesday to keep rates ...

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