Stocks & Treasuries Fall as Brent Crude Tops $102 Amid Middle East Tensions - Asia Market Wrap
Global stocks declined as rising oil prices and renewed tensions in the Middle East raised inflation concerns, interrupting a rally that had brought equities close to record highs. The MSCI All Country World Index fell 0.2%, extending its retreat from a record high after gaining 1.5% earlier in the week. Wall Street be