Scheduled for 13 June 2022
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U.S. stocks traded sharply lower Monday, with traders betting a fresh decades-high print on inflation will force the Federal Reserve to get even more aggressive than previously anticipated to help ease rising prices.
The S&P 500 and Nasdaq each dropped more than 2% shortly after the opening bell, extending losses from the overnight session. The S&P 500 also traded in bear market territory, with its intraday level setting it on track to end more than 20% below its recent record high from January. The Dow sank by more than 500 points, or about 1.8%. Treasury yields rose across the curve, and the benchmark 10-year yield jumped to its highest level since late 2018.
UK - Prime members now have access to Click & Collect orders in select Morrisons stores, with no additional charge for orders over £40. If the order is between £25 and £40, there will be a collection fee of £1.99 (minimum spend £25).
#Cryptocrash crash reason
— Financial Express (@FinancialXpress) June 13, 2022
Why is #crypto markets crashing today? Here's what experts sayhttps://t.co/q2e44OIWlT
France’s financial sector is now the most popular destination in Europe for US backers, helping the country narrow the gap with the UK for foreign direct investment in the industry https://t.co/T1YVI6jBKC
— Bloomberg (@business) June 13, 2022
European equity futures slide as investors worry that surging inflation will continue fueling more aggressive monetary tighteninghttps://t.co/JFGnQIWorI
— Bloomberg (@business) June 13, 2022
US set for recession next year, economists predict https://t.co/0vg846dnSu
— Financial Times (@FinancialTimes) June 12, 2022
$FXPO Ferrexpo to curb output on logistical problems in Ukraine and higher inventories https://t.co/Gp6ABZpdzZ @Ferrexpo #FXPO #Katie_Proactive
— Proactive (@proactive_UK) June 13, 2022
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