Stocks slump as Snap cracks rally

By Lawrence White
Updated May 24 2022 - 9:41am, first published 9:36am
The euro held near one-month highs as odds narrowed on a July rate rise from the ECB.

Shares slid worldwide on Tuesday as fears about weak earnings and slowing growth punctured the recent mini-rally, while hawkish remarks from European Central Bank Chief Christine Lagarde reminded edgy markets that rate hikes loom.

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