S&P 500 Drops More Than 2% After Data, Fedspeak: Markets Wrap

(Bloomberg) -- US stocks dropped as fresh data painted a picture of an economy that can handle further Federal Reserve tightening, and concern about the global economy overshadowed the Bank of England’s move to restore calm.Most Read from BloombergApple Ditches iPhone Production Increase After Demand FaltersMacKenzie Scott Files for Divorce From Science Teacher HusbandNord Stream Gas Leaks May Be a New Disaster for the ClimateTrump Refuses to Delay Florida Deposition in Phone-Fraud Case Despite
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