Global equities fall, gold surges as banking worries linger

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By Chris Prentice and Elizabeth Howcroft NEW YORK/LONDON (Reuters) – Investor sentiment remained fragile on Friday despite massive rescue for the banking sector, leaving global equities under pressure while gold prices were poised for their largest one-week rally since March 2020. U.S. Treasury yields extended their slide, and oil prices dove to 15-month lows. Data showed March U.S. consumer sentiment fell for the first time in four months. In a crisis that began with the collapse of U.S.-based Silicon Valley Bank last Friday, investors lost confidence in U.S. regional banks and Credit Suisse …

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