This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
In the US, financial markets have slipped, with the S&P 500, which tracks hundreds of America's biggest companies, losing a fifth of its value since the start of the year, as multinationals warn that inflation and the rise in the dollar is hurting their profits.