Dow Jones Tumbles Over 1% as Energy-Driven Inflation and Iran Conflict Rattle Markets
Developing story — details emerging. Check the source link for the latest updates.
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Developing story — details emerging. Check the source link for the latest updates.
The U. S. failed to "take Vienna" in the Iran conflict, resulting in an undeterred and belligerent Iran that has been awarded a vote in deciding the control of the most strategically important commercial chokepoint in the world.
US inflation hits a three-year high in May European stock markets are taking a more decisive turn downwards now – the UK’s FTSE 100 has fallen 0. 5%. The German Dax is down 0.
Before the conflict began, inflation was at 2. 4%, but the closure of the strait of Hormuz has affected energy prices US inflation jumped to an annual rate of 4. 2% in May, the third consecutive monthly increase since the start of the Iran war and a three-year high, as Americans continue to face ...
US inflation hits a three-year high in May European stock markets are taking a more decisive turn downwards now – the UK’s FTSE 100 has fallen 0. 5%. The German Dax is down 0.
Developing story — details emerging. Check the source link for the latest updates.
Rolling coverage of the latest economic and financial news Elsewhere this morning, WH Smith has said it wants to raise about £100m as the conflict in the Middle East starts to affect its profit. The high street retailer says it will place up to 26 million shares, or about 20% of its existing sha...