“Stocks slide on inflation concerns as oil prices rise further”
January 20, 2022
“…Strong U.S. and European corporate results could not stop a slide on Wall Street, where the Nasdaq entered a correction, as rising crude prices kept inflation concerns alive even as bond yields eased a bit after earlier touching fresh multiyear highs. The Nasdaq closed more than 10% lower from its Nov. 19 record closing high to confirm a correction as investors continue to price in the Federal Reserve moving faster to hike interest rates, fears that led to Tuesday’s sell-off…”
https://finance.yahoo.com/news/asia-shares-drop-treasury-yields-030015889.html