Global stocks slip, bond yields dip from four-month highs



Major stock markets around the world fell on Monday and U.S. and European bond yields slipped off four-month highs amid uncertainty over the health of the global economy.
U.S. stocks fell as declining oil prices pushed energy stocks down and traders sold Bank of America shares (BAC.N) despite a well-received earnings report from the country's second-largest bank by assets.
Stocks touched their lows of the day following comments from Federal Reserve Vice Chairman Stanley Fischer, who said economic stability could be threatened by low interest rates, but it was "not that simple" for... read more

 
17 October 2016 in World News, Views: 45
Source: Reuters
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