Global stocks, oil edge away from highs as stimulus rally ebbs

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 66%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Global shares were flat on Friday but within sight of a record high while oil edged lower as benchmark debt yields climbed, helping to curb the ...

LONDON/SHANGHAI: Global shares were flat on Friday but within sight of a record high while oil edged lower as benchmark debt yields climbed, helping to curb the latest stimulus-driven rally.

That in turn weighed on the MSCI World Index, taking it into the red, down 0.1per cent, albeit less than 1.5per cent away from the record high hit last month. U.S. 10-year Treasury yields rose again on Friday, back above 1.6per cent and on track to rise for the seventh straight week.

 

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:

 /  🏆 6. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines