Global stocks fall, bond yields retreat from four-month highs



Stocks around the globe were lower on Monday and European bond yields fell from four-month highs as worries continued over the health of the global economy.
U.S. stocks remained near their late Friday levels as the global risk-off mood clashed with a well-received earnings update from Bank of America, the country's second-largest bank by assets.
A dip in energy and healthcare stocks offset the boost to financials from Bank of America's strong results.
"I think we're headed for a bumpy session with earnings leading the way," said Peter Cardillo, chief market economist at First... read more

 
17 October 2016 in World News, Views: 38
Source: Reuters
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