By Jamie McGeever
ORLANDO, Florida, July 28 (Reuters) - European and U.S. stock markets on Tuesday shrugged off a deep slump in Asia earlier in the day, following another sharp fall in oil prices and growing optimism around peace talks between the U.S. and Iran, while investors also awaited key tech earnings and the Federal Reserve's policy decision.
In my column today, I look at whether high and rising bond yields will slam the brakes on Wall Street. Intuitively, there's a good chance. But if rising borrowing costs are a reflection of stronger nominal growth and a healthy economy, then not necessarily.
If you have more time to read, here are a few articles I recommend to help you make sense of what happened in markets today.
1. Bar to Fed rate hike this week remains high even as markets see a chance
#today #rising #chance #jamie
ORLANDO, Florida, July 28 (Reuters) - European and U.S. stock markets on Tuesday shrugged off a deep slump in Asia earlier in the day, following another sharp fall in oil prices and growing optimism around peace talks between the U.S. and Iran, while investors also awaited key tech earnings and the Federal Reserve's policy decision.
In my column today, I look at whether high and rising bond yields will slam the brakes on Wall Street. Intuitively, there's a good chance. But if rising borrowing costs are a reflection of stronger nominal growth and a healthy economy, then not necessarily.
If you have more time to read, here are a few articles I recommend to help you make sense of what happened in markets today.
1. Bar to Fed rate hike this week remains high even as markets see a chance
#today #rising #chance #jamie
3 days ago
