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France 24
France 24
Business
Yuka ROYER

S&P 500 in bear market as inflation fears fuel sell-off

Inflation US Federal Reserve United States Europe Qatar
BUSINESS DAILY © FRANCE 24

Wall Street had one of its worst days in recent weeks on Monday as a worse-than-expected US inflation figure last Friday fuelled concern about more aggressive rate hikes to come from the Federal Reserve. Cryptocurrencies also continued to tank after a lender froze withdrawals. Plus, as Europe looks to bolster the continent's energy security, France's TotalEnergies signs a deal with Qatar on a major gas field project. 

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