Stocks hit two-year low

By Tom Westbrook and Amanda Cooper
Updated September 23 2022 - 8:23am, first published 8:22am
Stocks fell as investors digested the prospect of a more aggressive rise in US interest rates. (AP PHOTO)

Stocks have hit two-year lows and bonds faced an eighth weekly loss, as investors digested the prospect of a far more aggressive rise in US interest rates.