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Global Markets: Investors shun stocks, seek safety in bonds as economic gloom spreads

Reuters  |  LONDON 

By Josephine MasonLONDON (Reuters) - Renewed concerns about a global economic slowdown continued to sap investor appetite for assets considered risky, dragging global stocks and bond yields lower on Wednesday, while the U.S. dollar held near three-week highs. Trading was choppy overnight as hopes of more stimulus measures from China to shore up economic growth clashed with worries over progress between Washington and Beijing to resolve a trade spat between the world's top two economies. MSCI world equity index, which tracks shares in 47 countries, was down 0.1 percent. "The main ...

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First Published: Wed, January 23 2019. 16:12 IST