Global Stocks Find Their Footing by Mid-Week

Main content

Global stocks began the week in retrenchment, driven by Brexit risk-off sentiment, but found their footing by mid-week. Markets around the globe finished the week in the black, and some of the major indexes turned positive year to date. The pound further declined against the U.S. dollar. Gold slipped early in the week but rallied to post gains by Friday. The ten-year U.S. Treasury yield dipped below 1.4% before closing at about 1.5%. Oil prices got a boost from lower supply.

Footer content