Asian shares fall as oil rises and Treasury yields climb
Major Asian, US and European stock indexes were lower, while bonds and the dollar were mixed. The report also showed Brent crude higher and gold at a more than seven-week low.
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Global stocks fall as oil rises, Treasury yields extend gains
Major stock indexes fell, with the MSCI world gauge down 0.83%, as oil prices resumed their rise and Treasury yields extended gains. Spot gold dropped 3.5% to a more than seven-week low.
Trump weighs Canada tariff reprieve, Politico reports
Politico reports that Trump is considering granting Canada a tariff reprieve, but no details on scope, timing, or magnitude were provided in the alert.
A selloff in chipmakers pushed stocks lower, while inflation concerns and rising government debt kept bond yields elevated and added pressur
A selloff in chipmakers pushed stocks lower, while inflation concerns and rising government debt kept bond yields elevated and added pressure on equities.
Morning Movers: SK Hynix pulls back following Friday's Nasdaq debut
Markets are starting the week on a cautious note as rising geopolitical tensions and another bout of semiconductor selling weigh on risk sentiment. U.S. stock futures are lower across the board, with the Nasdaq leading declines as chipmakers come under renewed pressure. At the same time, crude oil prices are climbing a