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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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.
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.
US Holiday: Exchanges Closed, Futures close at 13:00 ET Stocks rose as AI-related jitters eased, with European equities extending to fresh record highs. Meanwhile, the Dollar fell to a two-week low and gold advanced as expectations for Fed rate hikes continued to ease.