News > U.S. markets closed lower meanwhile a surge in asian european stocks

U.S. markets closed lower meanwhile a surge in asian european stocks

In the midst of the rising interest rates, the investors remain cautious leading to Dow Jones declining by 0.96%, sliding for the fourth day in a row, while S&P 500 fell by 0.97% on Wednesday.

Beating its estimate, the UK's December CPI index increased by 5.4% on a year-over-year basis recording the fastest inflation in almost 30 years. Oil prices have corrected marginally WTI just above $87 a barrel.