Page 41 - இங்கிலாந்து கவர்னர் ஆண்ட்ரூ பெய்லி News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stocks fall, dollar weakens amid inflation angst - Article

Stocks fall, dollar weakens amid inflation angst - Article
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Gold - May 11, 2021 - Reliance Securities

Gold - May 11, 2021 - Reliance Securities
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Stocks slide for second day; treasury yields rise - Article

Stocks slide for second day; treasury yields rise - Article
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Stocks, futures drop as inflation worry hurts tech: markets wrap

MONEYWEB LIVESTREAM Other assets including the dollar and Treasuries were steady. By Andreea Papuc and Emily Barrett, Bloomberg 11 May 2021 08:12 Image: Noriko Hayashi/Bloomberg Asian stocks and US equity futures slid Tuesday after a technology-led Wall Street tumble as surging commodity prices stoked concern about inflation. Other assets including the dollar and Treasuries were steady. MSCI Inc.âs Asia-Pacific share index fell the most since March, with technology underperforming amid a sea of red from Japan to Hong Kong. Nasdaq 100 contracts retreated about 1% after the index tumbled on concern that higher inflation could push up interest rates, weighing on equity valuations. S&P 500 futures dropped after the gauge fell from an all-time high.

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Tech shares decline with inflation angst rising

Tech shares decline with inflation angst rising Claire Ballentine and Vildana Hajric Bloomberg View Comments Technology shares fell as surging commodity prices stoked concern about whether inflation will derail a growth rebound in the world’s largest economy and spoil a record stock rally. The tech-heavy Nasdaq 100 Index more than 2% amid the growing anxiety over inflation, which can threaten longer-horizon revenues typical of the sector. Alphabet and Facebook were downgraded to neutral at Citigroup. The ARK Innovation ETF resumed its slide. The Dow Jones Industrial Average rose to a record, topping 35,000 for the first time. The benchmark S&P 500 was little changed. Treasury yields edged higher as traders brace for a busy week of auctions.

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