Banks lead FTSE 100 decline as yields and oil surge
UK’s FTSE 100 fell 0.8% to 10,458.5 points as financial stocks dragged after three sessions of gains.
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Global Markets: Nasdaq hits record high, oil slips, yields fall
The Nasdaq hit a record closing high, boosted by AI stocks, while falling oil prices and retreating Treasury yields improved risk sentiment. European shares rallied, led by banks and tech, and Asian markets were mixed, with Japan higher and China/Hong Kong up on hopes of a trade truce.