NewsFeeder
Headline News
- Reaction score
- 4
World stocks struggle to build on highs as Europe weighs
[Reuters] - World stocks struggled to build on six-week highs on Wednesday after mixed Chinese data, weighed down by a weaker session in Europe and political concerns that sent Germany's 10-year government bond yield to a record low. "After 48 hours of gains due to fading expectations of a rate increase in the U.S. this summer, the market is seeing a correction even though there isn't much conviction," said Anthilia Capital fund manager Giuseppe Sersale. The MSCI world equity index , which tracks shares in 45 nations, was up 0.09 percent after rising in the previous session to the highest intraday level since April 21, helped by buoyant crude oil prices and a dovish tone from U.S. Federal Reserve Chair Janet Yellen.
World stocks struggle to build on highs as Europe weighs - Yahoo Finance
[Reuters] - World stocks struggled to build on six-week highs on Wednesday after mixed Chinese data, weighed down by a weaker session in Europe and political concerns that sent Germany's 10-year government bond yield to a record low. "After 48 hours of gains due to fading expectations of a rate increase in the U.S. this summer, the market is seeing a correction even though there isn't much conviction," said Anthilia Capital fund manager Giuseppe Sersale. The MSCI world equity index , which tracks shares in 45 nations, was up 0.09 percent after rising in the previous session to the highest intraday level since April 21, helped by buoyant crude oil prices and a dovish tone from U.S. Federal Reserve Chair Janet Yellen.
World stocks struggle to build on highs as Europe weighs - Yahoo Finance
