Stocks Drop, USD Rallies as Inflation is Hotter than Expected

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Stocks Drop, USD Rallies as Inflation is Hotter than Expected

US inflation surged to a fresh 40 year high and was hotter than forecast sending tech stocks sharply lower and the USD higher. US futures Dow futures -0.2% at 35608 S&P futures -0.9% at 4543 Nasdaq futures -1.4% at 14837 In Europe FTSE -0.15% at 7656 Dax -0.26% at 15565 Euro Stoxx -0.6% at 4220 […]

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