Mes Fedwatch Tool News Today : Breaking News, Live Updates & Top Stories | Vimarsana

A gauge of global stocks slipped on Wednesday after back-to-back gains as investors digested the latest earnings reports, while Treasury yields climbed as British inflation data hardened expectations of further interest rate rises by central banks. U.S. stocks were off their early lows on Wall Street with the S&P 500 slightly above the unchanged mark, although the tone was defensive with gains led by the utilities sector.

The U.S. dollar was higher against its major counterparts in the European session on Friday, as investors awaited the release of key U.S. inflation data later in the day that could influence the Fed's monetary policy path.