World stocks advance to one-month high

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Business News News

Bond yields ease while technology shares and optimism about company earnings offset inflation concerns

An employee passes share price information displayed on an electronic ticker board inside the London Stock Exchange Group’s offices in London, the UK. Picture: BLOOMBERG VIA GETTY IMAGES/LUKE MACGREGOR

The MSCI gauge of world stocks climbed to its highest levels since September 17 while US stock futures gained in early London trading. European stocks advanced 0.3%. Bond markets welcomed the data where yields on 10-year U.S. Treasury notes fell almost 6 basis points from Monday’s high while the US dollar weakened broadly against its rivals to a three-week low.

Analysts said the Wall Street rally overnight, in which Apple, Facebook and Microsoft all rose, was behind a strong performance in stock markets.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines