Trading Day: Tech jitters smother inflation relief
Tehnologie
ORLANDO, Florida, June 24 : U.S. bond yields tumbled on Wednesday as oil's slide to a four-month low eased inflation fears, although the relief wasn't felt as much in equity markets and persistent worries over tech valuations pushed the S&P 500 and Nasdaq lower. In my column today, I look at why the dollar's surge isn't causing the consternation in global capitals one might have expected. The reason? The inflationary impact on the rest of the world is being offset by tumbling oil and energy
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