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Fundstrat Global Advisors’s founder Thomas Lee says market capitulation could be at hand, thanks to a surge in the VIX and a plunge for the NYSE Tick Index.

After going through the worse recession among industrial nations last year, the U.K. is on track for one of the fastest recoveries.

Europe’s second-highest court on Wednesday annulled a European Commission ruling that ordered Amazon to pay some €250 million to Luxembourg.

Gold prices on Wednesday log their first back-to-back retreat so far this month, as a reading of U.S. inflation revealed the biggest monthly increase in 13 years, leading U.S. benchmark stock indexes to extend their decline and providing support for U.S. Treasury yields and the dollar

U.S. stock indexes trade sharply lower early Wednesday, after a reading on inflation for the year to April climbed 4.2%, marking the highest rate in about 13 years, reigniting fears that the Federal Reserve may need to dial back its easy money policies earlier than expected.

The global tally of confirmed cases of the coronavirus-borne illness COVID-19 edged closer to 160 million on Wednesday, as an independent panel said the crisis was preventable if world leaders had better coordinated their response and moved faster to limit illness and deaths.