Stocks sank on Wednesday as a steep decline in tech shares and worries of rapidly rising rates sent Wall Street on pace for its worst day in eight months.
The US warned Tuesday it will unleash full “Economic Fury” on Iran, ending a reprieve on sanctions of Tehran oil at sea and threatening to move against foreign banks that back Iran’s terror activities.
A debate over extending a controversial federal espionage power has sown disagreement between House leadership, a band of conservative rebels, and the White House.
