London, June 10, 2026 (AFP) - Stocks slide as US inflation surges, US and Iran trade strikes

NAMPA / AFP

2026-06-10

Stock markets mostly fell on Wednesday as fresh strikes in the Middle East, a jump in US inflation and a tech sell-off weighed on sentiment. Data showed US consumer inflation surged to a fresh three-year high in May, hitting 4.2 percent year-on-year. The increase, up from April's 3.8 percent figure, follows strong US jobs figures last week that ramped up expectations for a rate hike. Analyst Stephen Innes noted that the data was not as worrying a......

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