World stocks climbed another peak on Monday, while U.S. bond yields were near three-month lows as worries of rising inflation abated and investors anticipated the U.S. Federal Reserve sticking to its dovish course this week. S&P 500 futures meanwhile nudged 0.1% higher, with investors apparently viewing Thursday’s above-forecast U.S. inflation data and surging factory prices in China as temporary or manageable. Goldman Sachs economists said concerns that rising inflation will derail the market recovery or lead to sharply higher bond yields were probably misplaced.
GLOBAL MARKETS-World stocks scale another peak as await Fed signal
2021-06-14T09:42:31-04:00June 14th, 2021|
Related Posts
-
The Updated FAQs on the Corporate Transparency Act (CTA)
May 2nd, 2024 -
Don’t Expect A Boost In Nursing Home Staff Any Time Soon
May 2nd, 2024 -
A Report From The Last Frontier, Part II
May 2nd, 2024