Sectors to watch as inflation fears spook U.S. markets – Reuters

  • Date: 13-May-2021
  • Source: Reuters
  • Sector:Economy
  • Country:Middle East
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Sectors to watch as inflation fears spook U.S. markets – Reuters

Worries over inflation are rippling through the U.S. stock market, spooking equities overall while causing investors to consider which shares can hold up better in an environment where inflation may be heating up.

Inflation talk grew on Wednesday as data showed U.S. consumer prices increased by the most in nearly 12 years in April.

Rising prices and costs can crimp consumer demand and corporate profitability. They could also pressure the Fed to tighten monetary policy, which in turn could harm economic growth and stock valuations.