Wall Street Set to Dip as Nvidia Turmoil Weighs on Global Stocks
Global stocks faced renewed turbulence as a spy scandal threatened Nvidia CEO’s position. US Treasury yields touched 5% again, and the dollar reached a 19-month high amid firming US rate-rise bets.
By Marc JonesFresh 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 had been cheer in Europe where the comparatively tech-light ST…