Major Averages Shed Ground As Geopolitical Uncertainty, Rate Concerns Weigh
(RTTNews) - U.S. stocks drifted lower on Wednesday as higher bond yields and oil's rebound amid uncertainty about Strait of Hormuz reopening rendered the mood weak. Prospects of another interest rate hike by the Federal Reserve weighed as well on sentiment.
We haven't written up this one. Nasdaq Markets has the full story — the link below goes straight to it.