Financial Times FT.com

Wall Street unsettled by Fed language

by John O’Doherty in New York

Published: May 12 2006 13:37 | Last updated: May 12 2006 22:40

Wall Street was spooked this week by a combination of rising commodity prices and comments from the Federal Reserve that heightened fears about interest rates and inflation.

Stocks in focus included Wachovia and Dell, while Archer Daniels Midland and General Motors provided some relief from the gloom.

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