High Inflation Sends Stocks Into Free Fall

Investors had already been on tenterhooks about stagflation and yesterday after the European Central Bank announced a new interest rate hike program, raised inflation guidance and cut GDP guidance, and this morning, hot inflation numbers out of the US and

Opposing Employment Surprises; Social Media Stocks Strike Back

US equity markets appear poised to continue their declines as investors consider rising wage inflation and another mixed round of earnings reports. Dow futures are down over 200 points or 0.5% and NASDAQ futures have slipped into the red as

Indices Retreat Amid Mixed Employment and High Inflation Reports

US index futures have taken a sharp turn downward following the release of a brutal US employment report that suggested the economy could be in the grip of stagflation, a time of high inflation and low economic growth. Dow futures

Nonfarm Payrolls Disappointment and Service PMI Numbers In Focus

The last day of trading before the Labor Day long weekend and the end of summer holidays finds US index futures sliding into the red following today’s US job numbers after being slightly positive for most of the morning. Overseas

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