Stocks rally as investors regain some nerve; Israel conflict rages on

Global stocks snapped higher on Tuesday, in line with a retreat in bond yields after Federal Reserve officials signaled the recent yield surge could justify caution on interest rates, while oil eased, but violence in the Middle East made for nervy trading.

Oct 10, 2023 - 15:30
Stocks rally as investors regain some nerve; Israel conflict rages on
Global stocks snapped higher on Tuesday, in line with a retreat in bond yields after Federal Reserve officials signaled the recent yield surge could justify caution on interest rates, while oil eased, but violence in the Middle East made for nervy trading.