Surging oil prices are fueling inflation fears and potentially higher interest rates globally, causing Asian share markets to slide. Investors are seeking liquidity in the U.S. dollar as geopolitical tensions in the Middle East threaten prolonged energy cost increases. Central banks face a difficult inflation conundrum.
US stocks today: US market ends higher, S&P 500, Nasdaq notch biggest monthly gains in years
U.S. stocks surged on Thursday, with the S&P 500 and Nasdaq achieving their largest monthly gains in years. Strong corporate earnings, particularly from tech giants