Stocks, Bonds Fall as Rally Stalls Before Year-End: Markets Wrap
Written by Black Hot Fire Network on December 21, 2023
(Bloomberg) -- European stocks are set to follow losses in the US and Asia as traders dial back optimism over possible Federal Reserve interest-rate cuts and trim positions before the long Christmas weekend.
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Futures on Europe’s stock benchmark declined as much as 0.8% after the S&P 500 and Nasdaq 100 both dropped 1.5% Wednesday. The broader MSCI All Country World Index of shares slipped for a second day after it had powered ahead for the previous nine sessions. Treasuries edged lower, while most currencies traded in . . .
