Stocks punished as inflation shadow spooks bonds - News Summed Up

Stocks punished as inflation shadow spooks bonds


FILE PHOTO: People walk past an electronic board showing Japan's Nikkei average outside a brokerage at a business district in Tokyo, Japan August 9, 2017. It was last down 1.4 percent.E-Mini futures for the S&P 500 fell another 0.2 percent, suggesting further losses in U.S. markets later in the session. Dow futures slipped 0.4 percent while FTSE futures lost 1.1 percent.Asian markets were covered in a sea of red, with every single bourse but one stumbling. China’s Shanghai Composite index gave up early losses to be up 0.5 percent. Gold was off a touch at $1,332.04 an ounce after losing 1 percent on Friday.In oil markets, U.S. crude fell 53 cents to $64.92 a barrel, while Brent lost 61 cents to $67.97.


Source: Egypt Today February 05, 2018 06:00 UTC



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