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

inflation sectors fears reuters
Middle East

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.

Tech Talk: Facebook to change rules on attacking public figures – Gulf Digital News

‘Profound experience’: Star Trek’s Shatner becomes world’s oldest space traveler

U.S. Wants Offshore Wind Farms Off Coasts, in Gulf of Mexico by 2030

World’s clean energy transition ‘too slow’ — IEA