Stocks and bonds under pressure after gloomy inflation figures in UK
Stocks and bonds came under pressure on Wednesday after disappointing earnings from US retailer Target weighed on market sentiment already obscured by worse-than-expected inflation data in the UK. Wall Street’s S&P 500 stock index fell 1.1 percent by noon in New York, with travel companies the biggest decliners. Cruise shares Carnival, Norwegian Cruise Line Holdings …
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