NEW YORK, June 10 ― US and European shares slid while benchmark euro zone yields hit an eight-year high yesterday after the European Central Bank prepared to hike interest.
Shares on Wall Street tumbled, with the S&P 500 and Nasdaq falling more than 2%, as the market awaited the release on Friday of the US consumer price index for May.
Dollar edges up as stocks rally, inflation data eyed streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.