GLOBAL MARKETS-Stocks hover near record highs as bond yields slide
The dollar rose and key U.S., European and global stock indexes hovered near record highs on Friday as investors embraced the easy monetary policies of major central banks and their message that rising inflation will be transitory. Also boosting sentiment in Europe was the European Central Bank on Thursday raising its growth and inflation projections, while it again pledged a steady flow of stimulus for now. The ECB's projections pushed the pan-regional STOXX Europe 600 index up 0.68% to an intraday high and record close at 457.64.
Published:6/11/2021 11:46:10 AM