GLOBAL MARKETS-Wall Street waters choppy amid negative macro 'tsunami'
Yahoo! Finance
U.S. stocks and oil prices declined in choppy trading on Monday, while the dollar and Treasury yields pushed higher, as Wall Street digested a raft of mixed macroeconomic news. With markets already jittery from central bank signals of additional interest rate hikes, UK government fiscal plans released on Friday continued to roil markets. Sterling slumped to a record low on Monday and a renewed selloff in British gilts pushed euro zone bond yields higher.
Continue Reading