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

MORNING SQUAWK EMEA Wednesday December 07 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 3,946.25 +0.03% +1.25 Nikkei 255 27,686.40 -0.72% -199.47 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 » Over $400 billion has been erased from the value of Europe's tech industry this year The combined value of all public and private European tech firms has fallen from to $2.7 trillion from a peak of $3.1 trillion in late 2021, a new report says. More » Major Russian bank faces 'unprecedented' cyber attack; Russian airfield hit in suspected drone strike Parts of southern Ukraine faced continuing missile attacks. Elsewhere, Russia's Kursk region governor said there was a drone attack near an airfield there. More » Raphael Warnock beats Trump pick Herschel Walker in Georgia Senate runoff, NBC projects Warnock's projected win over Walker marks a major loss for former President Donald Trump and could have a major impact on President Joe Biden's agenda. 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 CET 08:30 Thomas Gift Director of the Centre on US Politics, University College London 09:00 Tyler Broda Head of EU Metals and Mining Research, RBC Capital Markets 12:00 Mairead McGuinness Commissioner for Financial Services, Financial Stability and Capital Markets Union, European Commission 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