Worries Over Inflation Send U.S. Market Down

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Tom Samuels, managing partner at Palantir Capital Management said, "The sector is trying to convince itself that good news is best news and bad news is a lift." Samuels also said, "The Dow has risen five of history six weeks and will finally be less than 2 percent from its highest degree of the year, which it touched at the end of April." Loan rates have been falling awaiting a Fed move.

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