Channel NewsAsia
AsiaPac · 1 hrs ago
✦ 72◉ Centre
Stocks tumble as US-Iran impasse fuels inflation fears
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Quality 72/100
Partisan intensity 25/100
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◉ Centre ✓ Fair headline
Stock markets declined amid concerns that US-Iran tensions could exacerbate inflationary pressures, with market analysts attributing the sell-off to a pause in what had been a strong rally.
Stocks tumble as US-Iran impasse fuels inflation fears
“It’s been a strong, strong rally and there are some valid reasons for a pause,” analyst Angelo Kourkafas said.
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