Stocks fall globally amid looming inflation fear

News of the day, Thursday, June 30

Oil prices decreased today amid global supply worries. Brent crude futures were down 0.4%, and WTI crude futures fell 0.5%.

Stocks slid today because of massive inflation concerns. The Euro STOXX dropped 1.53%, the DAX slid 2.34%, the CAC 40 fell 2.1%, and FTSE 100 was down 1.64%.

MSCI’s broadest index of Asia-Pacific shares outside Japan dropped 0.5%, and Japan’s Nikkei 225 fell 1.5%.

The S&P 500 closed slightly lower yesterday, the Dow Jones Industrial Average rose 0.27%, and the Nasdaq Composite dropped 0.03%.

Key quotes for today:            
Brent — $112.60        
WTI — $109.90     
GBP/USD — 1.2141        
EUR/USD — 1.0437  
XAU/USD — $1815.60

Author: GC
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