European Stocks Hit Record High as Nvidia Turmoil Rattles Asia
European stocks reached a record high, while global markets faced turbulence amid a scandal threatening Nvidia CEO’s position. US Treasury yields touched 5% again and the dollar reached a 19-month high on firmer US rate-rise bets.
By Marc Jones and Gregor Stuart HunterFresh turbulence hit global stocks on Thursday as a spy scandal threatened to oust chip giant Nvidia’s CEO, while US Treasury yields touched 5% again and the dollar reached a 19-month high on firming US rate rise bets.There was early cheer for Europe where the…