NEW YORK, June 10 ― World stock markets closed near record highs and US bond yields fell yesterday as some of US President Joe Biden's stimulus efforts appeared to be on the rocks, boosting the appeal of technology stocks as inflation pressures ease.
The yield on benchmark 10-year US Treasury notes fell 3.9 basis points to 1.4891 per cent, down from 1.528 per cent late on Tuesday. MSCI's all-country world index, a US-centric benchmark for global equity markets, closed down 0.2% at 715.57, less than 3 points from its record peak on Tuesday. The market is on hold as everybody wants to trade “meme stocks,” which are not part of the major indexes, said Dennis Dick, a proprietary trader at Bright Trading LLC.
The pan-regional STOXX Europe 600 index rose 0.1 per cent to a new record close, but shy of all-time peak on Tuesday. Britain's FTSE fell 0.2 per cent as UK-listed miners slipped under pressure from lower base metal prices. Germany's 10-year Bund yield, which is closely correlated with US Treasuries, extended Tuesday's decline to -0.247 per cent, the lowest since late April, as investors continued to price in a dovish outcome to the ECB policy meeting today.
Muhammad Qasim Dreams 3rd Feb 2020 Muhammad Qasim saw that Imran Khan asks the people of Pakistan to adopt simplicity amongst crisis of petrol, utilities & food. In another dream in 2018, Qasim also saw the the Army Chief of Pakistan say the same thing.
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: malaymail - 🏆 1. / 86 Read more »