"Bonds were more nervous about the inflation picture and the equity market was comforted and encouraged by the very strong earnings and AI-led optimism"

Global stocks slumped and oil prices rose Friday as talks between the United States and China failed to deliver progress on reopening the Strait of Hormuz, rekindling worries of…

Global stocks drop as inflation fears elevate bond yields, with the S&P 500 down 1% amid rising technology sector losses.