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Global stock index gains while US Treasury yields fall

Published by
Reuters

By Sinéad Carew NEW YORK (Reuters) – MSCI’s global equities index rose on Monday as Wall Street continued to feed on momentum that took it to a new record high last week, while the U.S. dollar index edged up slightly. U.S. Treasury yields fell as investors took advantage of a recent decline in bond prices to enter the market ahead of economic indicators due out later this week that may give new information on the direction of interest rates. The benchmark S&P 500 scaled a fresh record high after closing at a record on Friday for the first time in two years, confirming it was in a bull market. …

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