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Global stocks rise as bond yields buoy financials; oil drops

A trader works on the floor of the New York Stock Exchange (NYSE) near the close of market in
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NEW YORK (Reuters) - A broad index of stocks around the world rose on Thursday as financial shares helped Wall Street's benchmark index advance, while oil prices fell on a forecast for weaker demand.The U.S. benchmark S&P 500 stock index notched a record closing high just shy of the 3,000 mark as financial shares were boosted by a jump in bond yields following soft demand in an auction of $16..
Date Published: Jul 11, 2019
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