Stocks sank Thursday to give back gains after a record-setting session, with investors nervously eyeing signs that the economic recovery might get derailed.
The S&P 500, Dow and Nasdaq were each off by more than 1%. This marked the first time since June that the S&P 500 opened more than 1% lower. A day earlier, the blue-chip index rose to a record closing high for the eighth time in the last nine sessions as concerns over a near-term monetary policy adjustment and sustainably high inflation…
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