16-08-2016 17:47 via news.yahoo.com

Stocks fall, bond yields rise as Dudley ups Fed rate hike bets

By Dion Rabouin NEW YORK (Reuters) - Wall Street stocks followed European and Asian bourses lower on Tuesday, retreating from record highs touched on Monday, after weak U.S. data and comments by an influential Federal Reserve policymaker that the U.S. central bank could raise interest rates as early as next month. New York Fed President William Dudley's statement seemed at odds with data released on the U.S. economy Tuesday that showed consumer prices were unchanged in July as the cost of gasoli
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