Channel NewsAsia
AsiaPac · 3 hrs ago
✦ 72◉ Centre
Stocks slide on US inflation surge, tech weakness
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Quality 72/100
Partisan intensity 25/100
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◉ Centre ✓ Fair headline
US stock markets declined amid rising inflation data and weakness in the technology sector, with an analyst noting that while inflationary pressures are present, they have not yet spread comprehensively across the economy.
Stocks slide on US inflation surge, tech weakness
One analyst said “the inflation fire is burning, but it has not yet jumped every fence in the neighbourhood.”
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