U.S. futures and European equities reversed a selloff on Wednesday as earnings optimism offset concerns about rising bond yields.
Contracts on three U.S. benchmarks and Europe’s Stoxx 600 Index erased earlier losses to trade slightly higher. Retailers led gains in Europe after Richemont and Burberry Group Plc beat expectations, while Asian stocks fell for a fifth day as a surge in Treasury yields stirs expectations that the U.S. 10-year will top 2%.
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January 19, 2022 at 05:15AM
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Stock Market Today: Dow, S&P Live Updates for Jan. 19, 2022 - Bloomberg
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