Stocks slide amid global cyber outage, dollar set for weekly gain

NEW YORK, July 19 - World stock indexes fell on Friday as a global cyber outage rattled investors, while the dollar climbed and was on track to snap a two-week streak of declines. Cybersecurity firm CrowdStrike , fell 8.2% after an update to one of its products appeared to trigger the outage that affected customers using Microsoft's , Windows Operating System, disrupting businesses across sectors.

The Cboe Volatility index , - Wall Street's"fear gauge" - was at its highest level since early May. U.S. megacaps were mixed. Nvidia , lost around 1%, while Apple , and Alphabet , stayed broadly positive. It is set for a 0.2% gain for the week after two weeks of losses, supported by this week's firm economic data and Friday's jitters about the outage, even as conviction grows that the Fed could cut interest rates in September.

U.S. Treasury yields rose, with little to drive market reaction as investors waited on fresh data next week.

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