Urgent: U.S. stocks slump on rate hike concerns
Xinhua, March 7, 2015 Adjust font size:
U.S. stocks fell sharply Friday, with the three major indices all losing more than 1 percent, as investors worried that a strong jobs report indicated a rate hike could come sooner rather than later.
The Dow tumbled over 1.5 percent, and the S&P 500 dipped 1.4 percent, while the Nasdaq shed 1.1 percent. Endite