Stocks Lower, Euro Parity, Twitter, Gap And Bill Ackman SPAC – Five Things To Know

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The Street

By Martin Baccardax Stock futures slump with earnings, inflation in focus; Euro hits parity against the greenback for first time in 20 years; Twitter fires back at Elon Musk, demands $44 billion merger completion; Gap shares tumble on CEO Sonia Syngal exit and Bill Ackman unwinds $4 billion Pershing Tontine SPAC. Here are five things you must know for Tuesday, July 12: 1. — Stock Futures Slump With Earnings, Inflation In FocusU.S. equity futures extended declines Tuesday, while Treasury bond yields moved lower and the dollar consolidated gains against its global peers, as investors kept clear…

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