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Published on 10 Apr 2024 on Bloomberg via Yahoo Finance

Traders Flee Real Estate Stocks as Inflation Darkens Outlook

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(Bloomberg) -- Investors dumped real estate stocks after a hotter-than-expected US inflation reading quashed expectations for an imminent break from elevated interest rates.

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US Sees Imminent Missile Strike on Israel by Iran, ProxiesUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsChinese Cement Maker Halted After 99% Crash in 15 MinutesUS Inflation Refuses to Bend, Fanning Fears It Will StickMcKinsey Starts Hundreds of Job Cuts as Client Demand Slows

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