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Strong US and European corporate results helped stock markets initially rebound on Wednesday, but rising crude prices kept inflation concerns alive and trading choppy even as bond yields eased after having touched fresh multiyear highs.
Strong U.S. and European corporate results could not stop a slide on Wall Street, where the Nasdaq entered a correction, as rising crude prices kept inflation concerns alive even as bond yields...
By Daniel Leussink TOKYO (Reuters) - Asia's share markets struggled on Wednesday as U.S. Treasury yields hit fresh two-year highs and a global technology stock sell-off unsettled investors worrying about inflation and bracing for tighter U.S. monetary policy.
The S&P 500 notched its 69th closing high of 2021, and the Dow and Nasdaq also finished solidly green as traders returned from the long holiday weekend.
Two decades on from the Apple product’s launch, Y2K fashion and streaming fatigue are fuelling a fascination with the retro Apple gadget