The Dow Jones, Nasdaq 100 and S&P 500 sank after US consumer prices rose the most since 2008, bringing forward Fed policy tapering bets. The Nikkei 225 and ASX 200 appear vulnerable.

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Short selling is a great way to trade on a falling market. Learn how to short stocks

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Bitcoin plunged after Tesla CEO Elon Musk announced that the company is suspending the acceptance of Bitcoin for purchases. Meanwhile, AUD/USD struggles against a sharply strong US Dollar.

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