Stocks drift lower as yields rise

Stocks weaken in final session Earlier gains have drifted away as US Treasury yields strengthen. Yields rose to their highest levels in over two weeks as markets brace for the Federal Reserve's final meeting of the year. The 10-year yield climbed to 4.36%, while the 2-year yield increased to 4.21%, reflecting concerns over sticky inflation. On Wall Street, stocks opened higher, driven by strong AI-driven optimism, but then began to lose ground.

Broadcom surged over 16% following positive quarterly results and a confident outlook on AI opportunities” French stocks lead the way lower The CAC40, the poor performer of the past six months, continues to show signs of topping out. Macron may have found someone willing to take on the dubious honour of being prime minister, but few in the dealing rooms of the world think that the newly-appointed Bayrou has much chance of succeeding where Barnier failed, signalling more uncertainty ahead.

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Wall Street stocks end lower after inflation data, tech stocks push Nasdaq downWall Street stocks end lower after inflation data, tech stocks push Nasdaq down
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European markets mixed; French stocks log gains on open despite political upheavalEuropean stocks edged lower on Friday, as investors continue to monitor political instability in France and beyond.
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Europe markets open mixed; French stocks gain despite political upheavalEuropean stocks edged lower shortly after the open Friday, as investors continue to monitor political instability in France and beyond.
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Europe markets mixed; French stocks gain despite political upheavalEuropean stocks were mixed on Friday, as investors continued to monitor political instability in France and beyond.
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French stocks up 0.6% despite political upheaval; European markets trade higherEuropean markets traded higher Tuesday, with investors keeping an eye on political upheaval in France this week.
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