A pedestrian walks past an electronic stock board displaying Asian Indices in Tokyo, Japan. (Photographer: Tomohiro Ohsumi/Bloomberg)

U.S. Stocks Tumble as Bets on Dovish Fed Go Wrong: Markets Wrap

(Bloomberg) -- U.S. stocks careened to a 15-month low after Jerome Powell failed to quell investor angst that the Federal Reserve’s tightening policy will throttle economic growth.

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