Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times
International Business Times
Business
Panos Mourdoukoutas Ph.D.

Global Stocks Sink On Rising Bond Yields Ahead Of Critical US Reports — A Typical Correction Or Something More Serious?

Global stock markets were sinking Thursday morning, ahead of several key U.S. economic reports, including the Gross Domestic Product (GDP) and the Personal Consumption Expenditures (PCE) price index. These reports are crucial indicators of the health of the U.S. economy and can significantly influence market sentiment.

At 2 a.m. ET, Asian shares were down across the board, with the Asia Dow down 1.24%, the Nikkei down 1.62%, and the Hang Seng down 1.43%.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.