Global Markets Steady as Investors Eye Inflation Data

1 min read
Source: Reuters
Global Markets Steady as Investors Eye Inflation Data
Photo: Reuters
TL;DR Summary

Global equity indices dipped slightly while U.S. Treasury yields rose as investors awaited key inflation data expected later in the week, which could provide insights into the Federal Reserve's interest rate outlook. U.S. consumer confidence improved unexpectedly, and house price growth slowed, adding to market uncertainty. The Nasdaq hit a record high, driven by Nvidia's performance, while the Dow and S&P 500 showed mixed results. Treasury yields increased following weak debt auctions, and the dollar strengthened slightly. Oil and gold prices also saw gains.

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