Global stocks struggle to hold onto gains
Oil prices continue to rise, bond investors uncertain what to make of Fed’s interest rate talk
22 June 2021 - 12:19
London — World shares were struggling to extend a bounce off four-week lows on Tuesday, oil prices were at their highest in well over two years, while indecisive bond markets were stuck flip-flopping on inflation and interest rate moves.
Europe’s Stoxx 600 was quick to give back early gains as falls in technology and healthcare stocks — the main winners from the Covid-19 pandemic — offset a modestly higher UK FTSE with its oil and mining firms...
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