Wall Street

Stocks Slump on Recession Concerns, Tesla, Twitter, Revlon And McDonald’s In Focus – Five Things To Know

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By Martin Baccardax Stock futures slump as Fed hike stokes recession fears; Tesla unveils U.S. model price hikes as costs surge; Revlon files for Chapter 11 bankruptcy protection; Twitter shares jump ahead of town hall meeting with Elon Musk and McDonald’s settles $1.3 billion tax dispute with France Here are five things you must know for Thursday, June 16: 1. — Stock Futures Slump As Fed Hike Stokes Recession FearsU.S. equity futures slumped lower Thursday, giving back all of yesterday’s post Fed decision gains, as investors re-set prices on risk assets around the world in anticipation of fa…

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