NEW YORK (AP) — Wall Street is slumping again as stock prices fell worldwide on expectations that U.S. interest rates will stay high well into next year. The S&P 500 was down 0.8% early Thursday. That follows a 0.9% drop a day earlier after the Federal Reserve indicated it may cut interest rates next year by only half of what it had earlier been predicting.

Stock market today: Stocks fall worldwide as allure grows to buy a Treasury bill and chill comes via ChinaTechNews.com.