Global Equities and Yields Rise on Inflation Data
Global equities and bond yields edged higher as investors digested hotter than expected U.S. inflation data. Wall Street indexes closed slightly lower while markets awaited crucial earnings from Nvidia. Meanwhile, oil prices settled lower amid ongoing Middle East developments.
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Global equities edged up on Wednesday as investors weighed hotter-than-expected inflation data from the United States alongside ongoing negotiations regarding the Strait of Hormuz. Wall Street indexes finished slightly lower during the afternoon session.
