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Oil prices hit 7-year high
FT News Briefing
The High Oil Prices Are Adding to Inflation Concerns
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The jumb in oil prices is adding to inflation and interest rate fears. On monday, the yield on the bench mark ten year treasury note, rose and stock prices fell. Tex stocks are especially sensitive to inflation concerns. The tech heavi nasdak, had its worst day since june, falling more than two%. And the worst hit of the big technology stocks was, you guessed it, facebook. After an extensive global outage on m Monday, the social media company's stock fell nearly five %. This comes as face books being publicly hammered for ethically questionable and potentially dangerous practices after ou former employee leaked a trove of inter documents to the wall street journal. Her name is
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