EghtesadOnline: The global stock rally marched ahead to reverse more of this month’s correction as investors took in stride a jump in benchmark Treasury yields. S&P 500 equity-index futures rose, the dollar fell for a fifth day and the yen advanced.
EghtesadOnline: Equities in Asia stalled as the global rally that pushed stocks to record highs prompted some investors to caution that gains had gone too far. The dollar fell against major peers as Treasury yields declined.
EghtesadOnline: The dollar steadied against the yen and euro on Tuesday as a surge in Treasury yields was tempered and as the market braced for the outcome of the Federal Reserve's policy meeting starting later in the day.
EghtesadOnline: Crude oil surged to the highest in 17 months amid efforts to cut production, pushing up the outlook for global inflation and sending 10-year Treasury yields above 2.5 percent for the first time since October 2014. Chinese equities tumbled.