Global Markets Falter, Bond Yields Fall as Recession Worries Weigh

6 April 2023

Global stocks drifted on Thursday, following skittish trade in the Asian session, as traders awaited crucial U.S. jobs data that may add to mounting evidence of a U.S. slowdown and the likelihood of a global recession. The broad MSCI index of world stocks dipped 0.1%, putting it on track for its first weekly decline in three weeks. Equity investors were avoiding strong bets with many…

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