Stocks Futures Tumble, Inflation, RH, Xerox and Bitcoin In Focus – Five Things To Know

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The Street

By Martin Baccardax Stock futures slump as rate hike ‘pain’ tames bulls; PCE inflation easing may come with a price; RH shares tumble after cutting 2022 sales forecast; Xerox CEO John Visentin dies at 59 and Grayscale sues SEC after bitcoin ETF rejection. Here are five things you must know for Thursday, June 30: 1. — Stock Futures Slump As Rate Hike ‘Pain’ Tames Bulls U.S. equity futures slumped lower Thursday as global stocks look set to close out their worst first half start on record amid concerns that central bank rate hikes, aimed at taming inflation, will instead tip major world economi…

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