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Futures Slide Amid Renewed Tech Selling, Geopolitical Chaos Ahead Of Key CPI Print
“We currently see a healthy correction in parts of the market which might have moved too far, too fast. There’s also no trigger to further upgrade earnings expectations."
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zerohedge.com
Key Events This Week: All Eyes On The First CPI Print Over 4% In 3 Years
The main economic event of the week, namely Wednesday’s May US CPI report: in the past 100 years, once CPI crosses 4% on average SPX -4% next 3 months, -7% next 6 months.
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france24.com
Tech leads Asia losses as rollercoaster week rumbles on
Stocks fell Wednesday to extend a rollercoaster week for markets, with tech firms once again bearing the brunt of the selling as investors fret over elevated prices and possible…
