Asian shares slide after Wall Street rout on inflation, rate hike consequences - CNA

HONG KONG: Asian shares tumbled on Friday (May 6) while the US dollar and Treasury yields rose in a reversal of a day earlier after investors expressed concerns that rising interest rates could hurt global economic growth. The market fears that the

Overnight on Wall Street, the Dow Jones Industrial Average and the S&P 500 both fell more than 3 per cent, and the Nasdaq Composite shed 4.99 per cent in its biggest single-day plunge since June … [+1639 chars]

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