Market sell-off accelerates as traders raise odds for Fed rate hikes

By John Towfighi, CNN New York (CNN) — Investors sold off stocks, bonds, bitcoin and gold Friday after a strong jobs report boosted odds the Federal Reserve might raise interest rates later this year to combat inflation and Wall Street wrestled with weakness in AI stocks. The S&P 500 fell 1.8%, going into the red The post Market sell-off accelerates as traders raise odds for Fed rate hikes appeared first on KVIA.