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...
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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...
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