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Global stocks slip on doubts over trade truce, worries of slowing growth

Reuters  |  New York 

By Laila KearneyNew York (Reuters) - A key gauge of world equity markets fell on Tuesday as hopes faded for a speedy resolution to the U.S.-China trade spat, while a flattening Treasury yield curve sparked recession warning signs that weighed on the U.S. dollar. Two-year Treasury yields rose above those of longer-dated 5-year notes overnight for the first time since the start of the financial crisis in January 2008, signalling to some investors an approaching U.S. economic slowdown. MSCI's gauge of stock markets across the globe shed 0.90 percent, while the pan-European STOXX 600 index lost ...

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First Published: Tue, December 04 2018. 22:59 IST
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