Stocks Fall Further as Oil Spike Fans Fresh Inflation Worries
5 Articles
5 Articles
Stocks fall further as oil spike fans fresh inflation worries
The selling tracked a retreat on Wall Street, where tech firms pulled back from recent gains, having weathered concerns over spiking borrowing costs and geopolitical uncertainty. Crude had started the week on the back foot thanks to signs that exports from the Middle East were heading back towards pre-war levels and that G7 nations had agreed to tap their stockpiles. But anxiety returned as figures showed Tehran had increased strikes on tankers …
The European Stock Exchanges closed down this Wednesday, 7, in correction to recent gains and pressured by political concerns and deficit
S&P 500 and Nasdaq reach records, but the tailwind evaporates. New oil supplies burden Asia and the Dax, while gold falls before the Fed protocol.
The Dax is falling again as the oil price continues to increase. Meanwhile, the record hunt continues in the US: After the Nasdaq 100, the wide S&P 500 also closes to its peak.
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