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Global Stocks Edge Higher Amidst US Treasury Yield Pressure

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Global Stocks,US Treasury Yields,Artificial Intelligence

Global stocks rebounded on Tuesday after consecutive declines driven by elevated US Treasury yields. Despite recent uncertainty, the market is poised to close the year with a notable gain of over 16%. US equities have shown strong performance this year, with the S&P 500 surging over 24%. The rally was propelled by optimism surrounding artificial intelligence, anticipated rate cuts from the Federal Reserve, and deregulation expectations under the incoming Trump administration. However, the recent Fed economic forecast and concerns about potential inflationary pressures from Trump's policies, such as tariffs, have contributed to rising yields, tempering the market's enthusiasm.

cards interface. Give it a try.NEW YORK :Global stocks edged higher on Tuesday after three straight sessions of declines spurred by pressure from elevated U.S. Treasury yields, but were poised to close out the year with gains of more than 16 per cent.

U.S. equities have surged this year, with the S&P 500 up more than 24 per cent on the year and on track for its fifth annual gain in the past six. The two-year jump of about 54 per cent would mark the strongest back-to-back annual performance for the index since 1997-1998. "Any further gains in equities are unlikely until there is more clarity about what the incoming administration's tax and tariff policies will look like," said Raffi Boyadjian, lead market analyst at brokerage XM.

Trading volumes were subdued ahead of the New Year holiday on Wednesday. Stock markets in Germany, Italy and Switzerland were closed on Tuesday, while those in the UK, Spain and France had a half-day trading session.

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