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Yields drop, stocks rocky as investors weigh risks

Reuters  |  NEW YORK 

By Lewis KrauskopfNEW YORK (Reuters) - A gauge of global stocks fell on Wednesday and benchmark government bond yields declined as investors weighed signs of risk in the markets and with U.S. policy.MSCI's gauge of stocks across the globe shed 0.42 percent, while Wall Street's main indexes were little changed in choppy trading. Oil prices sank to two-week lows. Stocks have paused after getting a fresh leg to their record-setting rally, fuelled by improving prospects for a U.S. bill that would slash corporate taxes. But investors are now waiting to see the final tax legislation, while a ...

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First Published: Thu, December 07 2017. 00:58 IST