Benchmarks rose Wednesday in Paris, London, Tokyo and Shanghai. US futures also advanced. Investors have taken heart from an easing in bond yields that has alleviated worries over possible interest rate hikes. The yield on the 10-year Treasury inched down to 1.40 per cent early Wednesday. But expectations for stronger economic growth in coming months continue to fuel worries that interest rates will head higher. It feels like we are in the eye of the storm, Stephen Innes of Axi said in a commentary. Investors have recently focused on selling high-priced technology shares but are also watching for policy changes as President Joe Biden s USD 1.9 billion stimulus package heads into the Senate after narrowly passing in the House.
Stocks rise after Fed seeks to calm markets about rate
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Asian shares advance despite Wall Street retreat | iNFOnews | Thompson-Okanagan s News Source
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Stocks are off to a mixed start on Wall Street, yields
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Stocks drift lower on Wall Street; yields continue to ease | News, Sports, Jobs
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