Global markets weigh growth and inflation concerns

Global markets face growing pressure from persistent inflation and slowing economic growth alongside a sharp tech sector selloff. Rising borrowing costs and high energy prices further complicate the economic outlook for central banks.

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FILE PHOTO: Company stock price information is displayed on screens as they hang above the market services surveillance room center at the Euronext headquarters at La Defense business and financial district in Courbevoie near Paris, France, November 21, 2019. REUTERS/Charles Platiau/File Photo

Global markets are grappling with slowing growth and sticky inflation as a tech sector selloff compounds economic pressures in United States and Europe.