European stock markets traded sharply lower Friday, with rising U.S. bond yields and fresh worries about the Covid-19 pandemic spooking investors. The DAXin Germany traded 0.9% lower, the CAC 40in France fell 0.7% and the U.K.’s FTSE index dropped 1.1%. Federal Reserve Chair Jerome Powell made it clear at...
Asia Pacific stocks were down Friday morning, continuing Thursday’s losses after U.S. Treasury yields’ moves increased investor jitters. China’s Shanghai Composwas down 0.29% by 10:25 PM ET (3:25 AM GMT) and the Shenzhen component inched down 0.07%. China’s National People’s Congress (NPS) opened on Friday, where a conservative economic...