European stocks rebound along with U.S. equity futures as bond yields stabilize

Investors were getting a breather from a recent selloff driven by concerns that a pandemic resurgence could complicate a global recovery, with European stocks rebounding along with U.S. equity futures, as bond yields stabilized on Friday.

Concerns about a slower recovery and fading fears of sticky inflation drove a sharp drop in bond yields, with the 10-year U.S. Treasury yield TMUBMUSD10Y, 1.328% hitting 1.25% at one point on Thursday, its lowest since February. But that yield was back up to 1.33% on Friday. G-20 finance ministers and central bank governors will meet in Venice, Italy on Friday and Saturday to discuss tax reform and progress on recoveries amid the pandemic.

Luxury goods makers were on the rise, with LVMH Moët Hennessy Louis Vuitton LVMH, +2.73% up 2.8%, Burberry BRBY, +3.42% 3.4% higher, Swatch Group UHR, +2.65% up 3% each, and Hermès International RMS, +2.37% rising more than 2%.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Didi, Baidu, GameStop: What to Watch When the Market OpensNasdaq futures outpaced the S&P 500 as bond yields edged lower Wednesday Just a few months of bitcoin pumping & Trading With 2k -$10k, I'm really greatful to austinsilvafx who guided me through my first bitcoin mining investment. Now I only wish I had more money to buy more crypto cus it's only gets better. A million thanks austinsilvafx
Источник: WSJ - 🏆 98. / 63 Прочитайте больше »

S&P 500 rises after one-day pause, technology stocks lead gainsU.S. stock futures traded in mildly positive territory early Wednesday morning.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Analysis: U.S. bond managers say market has overshot, yields too lowInvestors at some of the largest U.S. asset managers are holding fast to the view that bond yields will move higher in the second half of this year, despite the recent slide in Treasury yields, which they see as a temporary move.
Источник: Reuters - 🏆 2. / 97 Прочитайте больше »

Stocks close higher, led by gains for tech; bond yields dropWall Street capped a day of choppy trading Wednesday with more record highs for stocks and another drop in bond yields that sends mixed signals about investors' confidence in the market.
Источник: latimes - 🏆 11. / 82 Прочитайте больше »