Global stocks routed as inflation fears dominate

  • 📰 CNN
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 95%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Investors around the world are increasingly worried that the wave of pandemic stimulus spending could cause economic growth to accelerate — and prices to spike

Hong Kong / London Global stocks tumbled Friday as a sharp bond selloff encouraged investors to dump riskier assets.

Asian markets followed US stocks lower. Japan's Nikkei 225 tumbled 4%, while Hong Kong's Hang Seng Index closed down 3.6% — that index's worst day in nine months. South Korea's Kospi dropped 2.8%, while China's Shanghai Composite Index lost 2.1%.European stocks also dropped sharply in early trading. The FTSE 100 shed 0.8% in London, while Germany's DAX and France's CAC 40 declined by more than 1%.US stock futures were little changed following heavy losses on Thursday.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Oh, yes. And stock investors are so well known for their ability to predict the future. 🙄

Oh no, the poors have too much disposable income now!

Nope!

. corpo overlords must be getting nervous. Hey jaketapper any thoughts? You went from decent journo to gas lighting for Republicans so I figure you have insight.

Here we go again with the fear monger. Anything to not help people in need.

What are they worried about: the economic growth or the prices spike?

Lise sınavları iptal olsun

It's boring to sit at home alone, looking for someone to spend time with

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines