Stocks fell Tuesday as fears of even higher rates and a looming recession sparked a continued selloff.

MORNING SQUAWK APAC Tuesday December 06 2022 AS OF WED, DEC 07, 2022 • 09:08 ET S&P 500 Close 3,941.26 -1.44% -57.58 S&P 500 Futures 3,947.25 +0.06% +2.25 10-Year Treasury 3.55% 0.00% +0.037 S&P 500 closes lower for a fourth straight day as recession worries jolt markets Stocks fell Tuesday as fears of even higher rates and a looming recession sparked a continued selloff.   More » China's Covid lockdowns are having a lessening impact on its economy China's Covid lockdowns are having a lessening impact on the economy for the first time since early October, according to Nomura. More » Philippines' inflation soars to 14-year high, fueling expectations of more rate hikes Philippines' annual inflation data soared to 8.0%, marking the country's fastest inflation in 14-year high since November 2008. More » Asia markets fall amid recession fears; China to report trade data Asia-Pacific shares are poised to slip on Wednesday after major U.S. indexes fell more than 1% each overnight on concerns about a recession weigh on markets. More » A gift to investors': BlackRock says it's time to rethink bonds It's time to rethink bonds, according to the BlackRock Investment Institute, which said "the lure of fixed income is strong" right now.  More » TODAY'S GUEST HIGHLIGHTS ON CNBC All times in SIN/HK 09:40 Charles Shi Principal and Senior Analyst, Needham & Co TSMC 11:30 Peter Chia Senior FX Strategist, United Overseas Bank FX 13:40 Saktiandi Supaat Head of Global FX, Maybank FX/USD Unsubscribe Digital Products Manage Newsletters Feedback Terms of Service Privacy Policy Join the CNBC Panel © 2022 CNBC LLC. All rights reserved. A property of NBCUniversal.   900 Sylvan Avenue, Englewood Cliffs, NJ 07632   Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis.   Data also provided by THOMSON REUTERS