News Snapshot:
NEW YORK (AP) — Stocks are opening lower on Wall Street and Treasury yields are rising after more indications from the Federal Reserve that the central bank may need to raise interest rates much higher than many people expect to get inflation under control. The Fed has been raising rates aggressively in order to tame inflation by applying the brakes to the economy. The S&P 500 fell 1.1% in the early going Thursday and the tech-heavy Nasdaq fell a bit more, 1.2%. The Dow was off 0.8%. The yield on the two-year Treasury note fell back to 4.45%. THIS IS...
