Updated

Global stocks flatline after surge in bond yields drives equity sell-off

By Harry Robertson and Julie Zhu LONDON/HONG KONG (Reuters) – Global stocks were little changed on Wednesday after a sharp sell-off the previous day, while U.S. Treasury yields dipped after hitting their highest level since 2007. Meanwhile, the index tracking the U.S. dollar against its peers rose for the fourth straight session to its highest …

Global stocks flatline after surge in bond yields drives equity sell-off Read More »

Indian shares recover to end higher; Vedanta plunges as Moody’s downgrades parent

By Sethuraman N R BENGALURU (Reuters) – Indian shares shrugged off a weak start to finish slightly higher on Wednesday, as a recovery in global markets brought some sense of stability among investors, while Vedanta slumped after Moody’s downgraded the miner’s parent. The Nifty 50 closed up 0.26% at 19,716.45 points, while the S&P BSE …

Indian shares recover to end higher; Vedanta plunges as Moody’s downgrades parent Read More »