From CNBC:

1. Global stock markets experienced a steep decline due to fears of rising inflation and potential interest rate hikes by central banks.
2. The S&P 500 and Nasdaq both fell by over 2%, leading to a broad sell-off in tech and growth stocks.
3. The Dow Jones Industrial Average also dropped by more than 400 points as investors sought safer assets.
4. European markets followed suit, with major indexes in the red as concerns over economic recovery lingered.
5. Asian markets were not immune to the sell-off, with Japan’s Nikkei 225 index falling by nearly 2%.



Read more at CNBC: International Business, World News & Global Stock Market Analysis – CNBC