17-05-2016 22:38 via news.yahoo.com

Rate hike concern weighs on stocks; crude oil up

By Rodrigo Campos NEW YORK (Reuters) - A global gauge of stocks fell on Tuesday, weighed down by Wall Street on concerns that strong U.S. inflation data could bring closer an expected rate hike from the Federal Reserve. The U.S. dollar, expected to strengthen if the Fed tightens monetary policy, was little changed. Crude oil futures touched multi-month highs.
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