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Global stocks slide after Wall Street worries about the Fed




Markets were generally lower, with that of Japan Nikkei 225 (N225) falling more than 3%, easily the worst performer, after Wall Street closed its worst week in months on Friday with a 1.6% drop Dow Jones industrial average (INDU).
From Hong Kong Hang Seng (HSI) fell 1.1% and that of South Korea Kospi (KOSPI) fell 0.8%. From China Shanghai Composite (SHCOMP) was the regional atypical value in Asia, up 0.1%.
The consequences spread to Europe, where London is located FTSE 100 (UKX) fell 0.1%. From France CAC 40 (CAC40) fell 0.2%, while that of Germany DAX (DAX) increased by 0.2%.
The falls followed U.S. volatility on Friday, where the Dow’s weak closing left it 3.5% lower than the week, its worst decline since late January. He S&P 500 (SPX) lost 1.3% on Friday, while the Nasdaq Composite (COMP) threw 0.9%.

Future Americans were silenced in the early hours of Monday, with few changes.

Wall Street already had a tough week, but shares slipped even further Friday after the chairman of the St. Louis Federal Reserve. Louis, James Bullard he told CNBC who believes the Fed should raise interest rates as soon as the end of next year. This was even more blatant than the signal the Fed sent on Wednesday that it could double rates by the end of 2023.
Wall Street is worried about inflation. But investors are also nervous that the Fed will remove the stimulus it injects into the market to offset the economic impact of the Covid-19 pandemic.
The crypto market also has problems on Monday, though it was not immediately known why. Bitcoin has fallen more than 6% in the last 24 hours, trading just above $ 33,000 per currency, according to CoinDesk. Ethereum fell more than 7%, while Dogecoin fell more than 8%.

– Paul R. Monica and Julia Horowitz contributed to this article.