Stocks rise, US yields slip as markets await Fed rate hike

NEW YORK / MILAN, May 3 (Reuters) – A gauge of global equity markets edged higher on Tuesday while 10-year US Treasury yields slid from the 3% level as investors remained cautious, expecting the Federal Reserve to hike rates by the most in a single day since 2000 to curb inflation. Feeding inflation worries, data … Read more

Economic fears hit global equities, commods; Twitter lifts Wall St.

WASHINGTON / LONDON, April 25 (Reuters) – European stocks slid to a one-month low and commodity prices dropped on Monday on renewed concerns about rising interest rates and China’s sputtering economy, while Wall Street shares rose, reversing losses after Twitter agreed to be bought by billionaire Elon Musk. Fears over China’s COVID-19 outbreaks spooked investors … Read more

US stops Russian bond payments, raising risk of default

FILE PHOTO: A view shows a Russian ruble coin and a US dollar banknote in this picture illustration taken October 26, 2018. REUTERS / Maxim Shemetov / File Photo Register now for FREE unlimited access to Register NEW YORK / WASHINGTON, April 5 (Reuters) – The United States stopped the Russian government on Monday … Read more