Stock Market Today-4/25: Stocks Slide On China Covid Concerns, Fed Rate Hike Bets
U.S. equity futures slumped lower Monday, while the dollar soared and oil prices retreated sharply, as investors pulled back from risk markets amid a renewal of Covid restrictions in China and concerns over the impact on consumer demand from the Federal Reserve's hawkish inflation stance. Officials in China ordered millions…
bubmagApril 25, 2022