US stock trading sharply lower ...Middle East

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US stock trading sharply lower
Major US indices are sharply lower to start the trading day. News from Medicare about increased prices kickstart it the downside in the Dow. Later Tesla reported sales from last month much lower than expectations. An overbought market is also a contributor as our higher rates as traders start to take back future cuts. Expectations for a June cutter down to around 58%..A snapshot of the market 15 minutes into the open and showing:Dow Industrial Average -430 points or -1.09% at 39141S&P index -51.24 points are -0.97% at 5192.76NASDAQ index -248 points or minus -1.49% at 16150.The Russell 2000 is down -34.39 points or -1.64% at 2068.44US yields are higher:2-year yield 4.726% +0.8 basis points5

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