US and global stocks close lower Treasury yields decline
Stock indices across the U.S., Europe, and Asia rose on Tuesday, supported by renewed investor interest in the technology and industrial sectors. This came alongside declines in Treasury bond yields and oil prices, helping stabilize the markets and easing concerns over economic tensions. On Wall Street, the S&P 500 and Nasdaq advanced as investors awaited the announcement of major results from Nvidia, a leading company in artificial intelligence. Meanwhile, data showed continued improvement in the German economy and oil prices dropping to their lowest level in a week. In European markets, the healthcare sector led gains, with pharmaceutical and industrial stocks rising, despite a decline in luxury goods shares. The Dubai market experienced a slight dip, while other Gulf markets showed mixed performance, with the Saudi market continuing its upward trend. In Asia, the Japanese Nikkei closed higher, buoyed by strong performance in the semiconductor sector amid a recovery in Korean markets, with a balanced market after previous losses.
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