PREMIUM
Business
Oil prices tank, stocks sink on Fed taper talk, Delta fears
Sentiment was hammered also by the rapid global spread of the coronavirus Delta variant, signs of Chinese economic weakness and the Taliban's takeover of Afghanistan.
Oil prices tank, stocks sink on Fed taper talk, Delta fears
By: NewVision Reporter, Journalists @NewVision
Oil prices tanked Thursday and global stocks mostly sank after the US Federal Reserve signalled it could rein in vast stimulus measures this year.
Sentiment was hammered also by the rapid