Wall Street

Inflation Still Scaring The Horses On Financial Markets With Stocks Galloping Lower

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ValueWalk

European indices slide after falls on Wall StreetInflation causing a fresh jump in anxietyTraders await the US Consumer Price Index for MayFresh Covid curbs in China helps push oil down slightlyInflation Is Scaring The Horses On Financial Markets“Inflation is what is scaring the horses on financial markets and equities in Europe are galloping lower after another pretty wild ride for US equities. On Wall Street the tech heavy Nasdaq slid by 2.7% and the S&P 500 fell 2.3%, while the FTSE 100 and FTSE 250 have shed 0.8% in early trade. In Frankfurt the DAX has also opened 1% down and the CAC 40 i…

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