Global shares and Wall Street futures sank on Tuesday ahead of the much-anticipated release of March data on U.S. inflation, which economists expect to have picked up its pace and the White House warned would come in “extraordinarily” hot. European shares opened 1 percent lower on Tuesday, Japan’s blue-chip Nikkei stock index shed 1.81 percent,…
Global Stocks Slide as US Inflation Data Expected to Be ‘Extraordinarily Elevated’
April 12, 2022
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