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Stocks Selloff Goes Global as US Yields Near 5%: Markets Wrap

In Business
April 16, 2024

(Bloomberg) — A selloff on Wall Street went global as investors grappled with the threat of higher-for-longer interest rates, China’s sluggish economy and an Israeli counter-strike. Most Read from Bloomberg The Stoxx Europe 600 Index sank 1.5%, echoing moves in Asian and US equities. The worry among strategists is that after a stellar start of […]