Stocks fall on Fed talk, Macy’s bucks downtrend surges 10%

  • Stocks fall on Fed talk, Macy's bucks downtrend surges 10%

    U.S. stocks fell across the board following comments from St. Louis Federal Reserve President James Bullard signaling rates are not yet at the level they need to be. Investors are also digesting mixed retail earnings with Macy's lifting its forecast, while Kohl's warned of challenges tied to inflation. In commodities, oil fell over 1% to the $83 per barrel level.

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