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Wall Street down amid renewed concerns
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- Published
- Sep 28, 2026, 11:15 PM UTC
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Street in Manhattan, New York
Wall Street is a street in the Financial District of Lower Manhattan in New York City. It runs eight city blocks between Broadway in the west and South Street and the East River in the east with a length of just under 2,000 feet. The term "Wall Street" has become a metonym for New York City and companies located there, the financial markets of the United States, American financial services industry, New York–based financial interests, or the Financial District. Anchored by Wall Street, New York has been described as the world's principal fintech and financial center.
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Brian Vendig, of MJP Wealth Advisors, says last week's market gains are falling back amid economic concerns.
Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, amid a substantial rebound in both crude oil prices and bond yields, renewing concerns about the outlook for global inflation and interest rates.
US markets have all opened lower this morning as the US-Iran stalemate continues and rising oil prices continue to put added pressure on the economy. Furthermore, last Friday the 10-year US Treasury bond yields reached their highest level in 19 years, adding to concerns about fiscal stability and the global economic…