The Dow Jones Industrial Average fell 537.29 points, or 1.07 per cent, to 49,526.17. Read more at straitstimes.com. Read more at straitstimes.com.

A rebound for technology stocks led Wall Street to records, even though the majority of U.S. stocks fell following another discouraging update on inflation.

International Business News: Asian markets traded mixed on Wednesday as fading momentum in artificial intelligence-linked stocks, elevated oil prices and concerns over persistent .

U.S. stocks pulled back from record highs as rising crude oil prices and surging Treasury yields triggered fresh inflation concerns. The selloff hit AI-driven tech stocks hardest,…