The dollar extended overnight losses and Treasury yields continued their retreat from a 10-month high as traders mulled investor demand for bonds and the prospect of fiscal spending under Joe Biden. Asian stocks were mixed.
European stocks closed slightly higher on Wednesday, with deal-related gains in French grocer Carrefour and Spain's Telefonica offsetting wider concerns about extended COVID-19 lockdowns.
European stocks inched up on Wednesday as merger talks powered gains in French grocer Carrefour and Spain’s Telefonica, offsetting weakness in banking stocks on worries about extended lockdowns across the continent. Carrefour shares hit their highest level since August 2019 after Canadian convenience-store operator Alimentation Couche-Tard Inc said it had approached Europe’s biggest retailer to .
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - French stocks were little changed on Wednesday amid worries that rising Covid-19 cases and a slow vaccination rollout could threaten economic recovery. Germany's
European stocks were little changed on Wednesday as a profit warning from Danish wind farm developer Orsted hit utilities, while French grocer Carrefour jumped…