On Wall Street, the Dow Jones Industrial Average fell 2.37 points. — AFP picNEW YORK, March 25 — Global equities dipped and the dollar hovered near four-month highs yesterday as concerns about extended economic lockdowns in Europe and the potential for higher taxes in the United States weighed on investor sentiment.
MSCI’s gauge of stocks across the globe shed 0.94 per cent following steep declines in Asia and modest losses in Europe. The IHS Markit euro zone flash composite purchasing management index rose to 52.5 in March from 48.8 in February in a surprise return to growth, as factories ramped up production at the fastest pace in over 23 years.Benchmark 10-year notes last rose 8/32 in price to yield 1.6102 per cent, from 1.638 per cent late on Tuesday.
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