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US Markets Wrap: Markets Slide as Oil and Geopolitics Return to the Forefront
Published 6 months, 3 weeks ago
Description
US stocks turned lower as a sharp rally in oil renewed worries about inflation and growth. The Dow led the losses while investors rotated out of cyclical industrial names. Mel Siew, portfolio manager (Asia public credit), Muzinich & Co discusses what he's looking out for in the upcoming February US jobs report for signs that hiring trends are shifting. At the same time China’s lower growth outlook highlights a changing global economic backdrop.
Image: Gerd Altmann from Pixabay
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