Stocks hit by Fed rate reality check; oil slips

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LONDON, June 23 : Global stocks fell on Tuesday, led by broad-based declines in technology stocks, as investors expect the Federal Reserve to take more aggressive action to tackle inflation, even after a 16 per cent drop in oil prices this month. The STOXX 600 fell 1.2 per cent, under pressure from declines in European semiconductor and chip-equipment makers, which followed declines in tech stocks in Japan and South Korea, where Seoul's KOSPI index fell 10 per cent in its largest one-day

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Stocks hit by Fed rate reality check; oil slips https://www.channelnewsasia.com/ - 23.06.2026 14:18

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Stocks hit by Fed rate reality check; oil slips https://www.channelnewsasia.com/ - 23.06.2026 14:18