World stocks dither as traders temper rate cut bets
World stocks nudged lower on Monday, pulled in different directions by a scorching U.S. jobs report that dashed expectations of a near-term interest rate cut from the U.S. Federal Reserve, geopolitical tensions and volatile trading in China. Oil prices swung back to retreat after spiking on news of fresh U.S. strikes on Iran-aligned factions in Iraq, Syria and Yemen as ample supply numbers tempered fears about rising tensions in the Middle East MSCI’s broadest index of world shares fell 0.1% while in Europe, Germany and France’s bourses tipped lower 0.1% ...
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